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  4. Document 54

814.51/600: Telegram

The Chargé in Guatemala ( Hawks ) to the Secretary of State

Guatemala , October 17, 1927—9 a.m.
[Received 1:30 p.m.]

84. Referring to my despatch of October 12, 1927 number 1672, representative of the Council of Foreign Bondholders signed an agreement on October 15th with the Guatemalan Government funding the unpaid coupons by an issue of 4 percent bonds redeemable in 40 years by purchases on the market. Interest and amortization payable semiannually commencing June 30, 1928, the first semiannual installment due not later than December 1928. This and [Page 44] existing issue of bonds is guaranteed by one dollar per quintal export duty on coffee. Text of agreement by pouch.14

Hawks
  1. Printed in Fifty-fourth Annual Report of the Council of the Corporation of Foreign Bondholders … for the year 1927 (London, Council House), p. 254.↩