838.51/2116: Telegram

The Secretary of State to the Chargé in Haiti (Grummon)

45. Please ask the Financial Adviser what progress is being made in accordance with the Department’s instruction of August 17 in regard to the further exchange of “C” bonds. It appears that certain holders of National Railway bonds are about to institute foreclosure proceedings and the Department trusts that the Haitian Government will feel disposed to consider favorably enacting legislation in the near future, which will enable the outstanding bonds to be taken care of and a foreclosure avoided. Submit your reply promptly by telegram.

Stimson