882.6176 F 51/205

The Chargé in Liberia (Wharton) to the Secretary of State

No. 346
Diplomatic

Sir: This Legation has the honor, in confirmation of its cable No. 19 of March 6th, 1926, to enclose herewith a copy of the Liberian Government’s despatch No. 208/D of March 4th, 1926, relative to the mission to the United States of Mr. Sidney de la Rue, Financial Adviser to Liberia, for the purpose of consummating the loan agreement between the Government of Liberia and the Finance Corporation of America.

There is also enclosed a copy of the directions given to the Financial Adviser limiting and explaining his power with reference to the planting and loan agreements.

At the earliest opportunity, this Legation will forward a complete despatch covering this matter.

I have [etc.]

Clifton R. Wharton
[Enclosure 1]

The Liberian Secretary of State (Barclay) to the American Chargé (Wharton)

208/D

Mr. Chargé d’Affaires: I have the honour to advise you that the Liberian Government is despatching to the United States Mr. de la Rue, Financial Adviser, for the purpose of concluding the Loan Agreement between the Liberian Government and the Finance Corporation of New York and to settle other matters which might need adjustment in connection with the Firestone Plantation Agreement. Mr. de la Rue is furnished with certified text of the Loan Agreement as amended.

I should be pleased if you would advise your Government of the contents of this despatch.

I have [etc.]

Edwin Barclay
[Page 539]
[Enclosure 2]

The Liberian Secretary of State (Barclay) to the Financial Adviser of Liberia (De la Rue)

205/L

Sir: I am directed by the President to authorize your immediate departure for the United States for the purpose of consummating the Loan Agreement between the Government of the Republic of Liberia and the Finance Corporation of America which has been approved by the Legislature of the Republic, as well as to settle any misapprehensions which may have arisen over the Firestone Planting Agreement which has been similarly approved.

In discharging this duty you are to be governed by the following instructions:

(a)
You will take up with the Finance Corporation of America or their Representative the amendments which have been made in the text of the Agreement as originally drawn and will explain these amendments in accordance to your knowledge of the reasons which have inspired them.
(b)
You will take up with the Firestone Company the provisions of the Amendatory Act covering the Planting Agreement—explain to them the purpose of the amendments which are largely explanatory, and only in one instance make any material modifications of the text of the Agreement signed in New York in September last. You will endeavour to secure from them their acceptance in writing of the Legislative interpretations and modification which being handed to you will be considered as completing the Agreements. In case the Finance Corporation accepts the modified text of the Loan Agreement, you are authorized to execute it in behalf of the Republic and thereafter to hand the enclosed letter and copy of the Agreement to the Secretary of State of the United States which requests him to undertake in behalf of the Department of State of the United States the discharge of the obligations therein imposed upon them.
(c)
Should any difference of opinion arise over these matters you will cable the Department for further instructions.

I have [etc.]

Edwin Barclay