868.51 War Credits/489: Telegram
The Secretary of State to the Minister in Greece (Skinner)
7. Formal notification of Greek Chamber’s unqualified approval of proposed terms of financial settlement having been received from Greek Minister January 28, Department that day communicated by letter following to all American firms that had expressed interest in Greek financing: “Department of State has no objection to the flotation in the American market of Greek securities as such, and, in expressing its views to interested bankers in reply to their letters of inquiry as to this type of financing, it will be guided by the same considerations that are applicable in the case of loans originating in other countries.”
At same time Department informed Speyer and Company9 that it offers no objection to the flotation in the American market of Greek Government bonds in the amount of $17,000,000, being part of Stabilization and Refugee Loan of 1928.
- By letter dated January 28, 1928; not printed.↩