839.51/2862
The Secretary of State to the Dominican Minister (Morales)
Sir: I have the honor to acknowledge the receipt of your note of November 19, stating that on behalf of the Government of the Dominican Republic you confirm the understandings expressed in my note of that date, in connection with the proposed loan of $10,000,000. and the Convention of 1924.
In reply I have the honor to say that the Government of the United States is therefore pleased to agree to this increase of $10,000,000. in the public debt of the Dominican Republic, in accordance with the terms of the Convention signed on December 27, 1924.
Accept [etc.]