800.51 W 89Rumania/53: Telegram

The Secretary of State to the Minister in Rumania ( Jay )

[Paraphrase]

18. Refer Department’s No. 13, March 17, 7 p.m. Replying to a request for views of Department on a proposed loan of £1,500,000 to City of Bucharest,59 answer has been made that the Department of State would not view with favor any proposal for flotation of a loan either to Government of Rumania or to any of its political subdivisions at present time in view of unsatisfactory treatment accorded American interests. You are at liberty at your discretion to use this information in your conversations with appropriate officials of Rumanian Government.

If by April 3 you have received no suitable reply to note presented by you pursuant to instruction telegraphed Department’s No. 13, March 17, 7 p.m., you will on that day present the following note to the Foreign Office.60

“I have been instructed by my Government to refer to my note of March 20 regarding the indebtedness of Rumania to the United States and to inquire when the Government of the United States |may expect to receive from the Government of Rumania the proposal for the refunding of the latter’s indebtedness to the United States which I had the honor to request in my above-mentioned note of March 20.”

Kellogg
  1. From Mr. F. O. March, New York City, under date of Mar. 26, 1925; letter not printed.
  2. Text of note not paraphrased.