863.51 Relief Credits/59: Telegram
The Minister in Austria (Washburn) to the Secretary of State
Vienna, March 12, 1928—6
p.m.
[Received March 12—5:17 p.m.]
[Received March 12—5:17 p.m.]
13. Department’s telegram 17, March 10, 4 p.m., [to] Vienna; and 58, March 10, 8 p.m., to London.
- (1)
- Control Committee meeting Geneva advanced one week to pass on new investment plan revised as indicated in paragraph 4 my telegram number 9, February 15, 10 a.m. Schüller advised me before his departure that he regarded this as purely pro forma. Foreign Office informs me new investment plan approved on March eighth, no other matter being considered.
- (2)
- According to advices from the Austrian Minister at London, Relief
Committee meeting scheduled for March 30. Chancellor insists:
- First, that lien subordination will not be there considered, having already been adjusted as explained in paragraph one my telegram number 12, March 7, 3 p.m., and that therefore definite action in authorizing proposed loan cannot be conditioned on settlement of relief indebtedness;
- Second, that only question to be considered is action upon Austrian proposal referred to in paragraph two my telegram last mentioned;
- Third, that proposed loan authorization and relief indebtedness are separate matters and that European Governments, especially the British Government, have given assurances that there is no disposition to force settlement of both propositions simultaneously.
Chancellor plainly apprehends … intrigue.
Washburn