868.51 Struma Valley/2a: Telegram
The Secretary of State to the Minister in Greece ( Skinner )
37. Recently the Department has been urged in the interest of the Ulen project for constructing a sewer system for Athens and the Monks project for drainage in the Struma Valley to relax its present opposition to the flotation of Greek loans in the United States. The Department has affirmed its opposition but has orally informed the [Page 15] interested parties that there is no objection to making arrangements short of consummating the financing. The Department, for instance, would not object to negotiations for a contract or even to the signing of a contract with the provision that financing is to take place after the debt settlement has been made.