868.51 Public Works/76: Telegram

The Ambassador in Great Britain (Dawes) to the Secretary of State

[Paraphrase]

210. Department’s 181, July 17, 6 p.m. I have today been informed by the Foreign Secretary that he cannot see how the attitude of the British Government with reference to the question of International Financial Commission service for the Seligman loan could [Page 102]be altered from the position taken in the draft note which the British, French, and Italian Governments have already approved. It is my understanding from what the Foreign Secretary said that the draft note disapproves of the acceptance of service by the International Financial Commission for the Seligman loan (see my 189, July 12, 5 p.m.).

In response to my inquiry as to British policy with reference to the servicing of future loans by the International Financial Commission (see Department’s 44, March 8, 6 p.m.), the Foreign Secretary said that it would be necessary for him to look into the matter and that he would reply in writing.

Dawes