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

815.51/614: Telegram

The Acting Secretary of State to the Minister in Honduras (Summerlin)

Washington, December 29, 1925—3 p.m.

88. Department’s instruction 780, November 11.³⁷

(1) Reports have reached Department indicating the possibility that agreement for settling British debt may not be approved by the Honduran Government.

(2) In view of the desirability of settling this long standing issue, Department desires you, if you see no objection, informally and discreetly to urge upon the Honduran Government the great importance of reaching an agreement. Department considers proposed arrangement fair and that its ratification would importantly contribute toward rehabilitation of Honduran finances.

Report briefly by telegraph and fully by mail significant developments.³⁸

Grew

37. Not printed; it enclosed a copy and translation of an arrangement between the representatives of the Government of Honduras and the Corporation of Foreign Bondholders of London, signed Oct. 9, 1925.
38. The arrangement of Oct. 29, 1925, was ratified by the Honduran Congress on Mar. 9, 1926. For the text of the arrangement, see Fifty-third Annual Report of the Council of the Corporation of Foreign Bondholders, London, for the Year 1926, p. 246.