Papers Relating to the Foreign Relations of the United States, 1925, Volume I

462.00 R 296/843: Telegram

The Acting Secretary of State to the Ambassador in France (Herrick)

Washington, January 13, 1925—2 p.m.

32. L–197 for Herrick, Kellogg and Logan.¹³ Your L–310, January 11, 7 p.m., regarding Belgian war debt.

Figures shown in enclosure No. 4 with your letter of November 20, 1924,¹⁴ indicate a percentage distribution as follows: France 46, Great Britain 39, Belgium 15. Department does not understand the apparent increase in British percentage at the expense of percentage in which we are interested and desires you to assure yourself of accuracy of computation resulting in the figures given in your L–310.

Department understands the statement that “the 12 per cent covers Belgian debt to United States” is your comment only, and does not (repeat not) appear in the agreement.

Have you obtained from Belgium the assurances as to the refunding negotiations mentioned in Department’s L–186, paragraph 3?

Grew

13. American representatives at the Paris Financial Conference, Jan. 7–14, 1925.
14. Not printed.