863.51/859

The Secretary of State to the Secretary of the Treasury (Mellon)

Sir: With reference to this Department’s letter of November 18,21 which transmitted a copy of the formal request of the Austrian Government to the United States Government22 to grant postponement up to December 31, 1957, of the Austrian bond held by the United States Treasury, I have the honor to transmit for your information a copy of despatch No. 1585, dated October 29, 1927, from the American Minister at Vienna,22a with its enclosures, regarding the contemplated new Austrian loan.

[Page 456]

You will note the Minister’s statement that he is taking it for granted that the Department will at the proper time take appropriate action to obtain a new Congressional Enabling Act. The Department’s only communication to the Minister on the matter has been that quoted in the Department’s letter to you of November 18 to the effect that a new Enabling Act of Congress would be necessary.

I should be pleased to receive any comment you may care to make on this matter.

I have [etc.]

For the Secretary of State:
W. R. Castle, Jr.

Assistant Secretary
  1. Not printed.
  2. See note from the Austrian Chancellor to the American Minister in Austria, p. 448.
  3. Supra.