868.51 War Credits/468½: Telegram

The Minister in Greece (Skinner) to the Secretary of State

[Paraphrase]

24. Your telegram No. 17, April 18, 6 p.m. Minister of Foreign Affairs said that Department’s views would be given prompt consideration by the Cabinet. He appeared to be surprised and slightly embarrassed to learn that there had already been offered in America the loan which the British Government had agreed to support in return for the relinquishment by Greece of its claim for balance of credits. Action will be slightly delayed by temporary Cabinet crisis arising from resignation of Minister of Foreign Affairs, which he later withdrew, and by Easter holidays which are about to begin. Is the Department sure that Speyer & Co. will abide by its wishes that pending the settlement of our debt no Greek loan be floated in the United States?

Skinner