863.51 M 82/4: Telegram
The Minister in Austria (Washburn) to the Secretary of State
[Received 3:34 p.m.]
4. Referring to the Department’s No. 633, January 5.5 The Austrian Minister at Washington has apparently reported that obstacles [Page 862] exist, for Chancellor Seipel is uneasy about Congress delaying passage of a resolution. The Chancellor hopes the United States Government is convinced of the Austrian Government’s earnest attempt to effect a settlement of the relief-credit debts and, consequently, will be satisfied with expediting action without awaiting a final settlement by agreement, which, involving so many countries, may require some months. The Reparation Commission having now given its approval, only favorable action by the United States is still needed for a consummation of the loan negotiations. Any protracted delay would cause great embarrassment and imperil the loan. I have been asked by the Chancellor to cable to this effect. The next pouch will have a further report with documents.
- Not printed. A letter dated Dec. 29, 1927, from R. C. Leffingwell of J. P. Morgan and Company, regarding discussions in progress between the Austrian Government and the European Relief Creditor States, was enclosed; see Foreign Relations, 1927, vol. i, p. 473.↩