853.51/330: Telegram

The Minister in Portugal ( Dearing ) to the Secretary of State


12. I have just received a formal official note from the Portuguese Foreign Office complying with all our demands but requesting that the matter be not divulged until public announcement be made regarding settlement with all bondholders, which will appear not later than April 5 and probably considerably sooner. Redemption can be effected through Baring Brothers, the Portuguese Government’s bankers in London. Unless instructed otherwise I shall send text of note by pouch.