882.6176 F 51/37: Telegram
The Minister in Liberia (Hood) to the Secretary of State
[Received June 11—4:32 p.m.]
20. For Castle. Telegram has been received by De la Rue from National City Bank stating that Firestone insists that an official commission be sent to America with full authority to definitely close the loan. The suggestion of the Liberian Government is to send the Secretary of State at once to arrange the loan and to summon the Legislature immediately after his return here to ratify. Impossible to comply with Firestone’s suggestion that the commission accept finally. The plan of the Government is much better, and is the speediest legal method. Acceptance by the Secretary of State assures ratification by the Legislature.