868.51 Public Works/86
The Ambassador in Great Britain (Dawes) to the Secretary of State
[Received August 21.]
Sir: I have the honor to refer to my telegram No. 231, August 12, 11 a.m., 1929,20 relating to the proposed Seligman loan to the Greek [Page 103]Government, and to forward herewith a copy, in triplicate, of the Foreign Office note referred to therein.
I am informed by Mr. Stephens, of Messrs. J. & W. Seligman & Co., referred to in the Department’s telegraphic instruction No. 181, July 17, 6 p.m., 1929, that Mr. Venizelos is, however, still optimistic in servicing the proposed Seligman loan under the International Financial Commission. Failing this, Mr. Stephens states that it is the intention of the American company to inaugurate an American Commission in Greece to service American loans.
I have [etc.]
Counselor of Embassy