863.51 Relief Credits/213: Telegram
The Ambassador in Great Britain (Dawes) to the Acting Secretary of State
[Received April 17—1:10 p.m.]
69. Last paragraph of Department’s 93, April 15, 6 p.m., complied with, with the following substituted for paragraph 2:
“2. Sir Frederick Leith-Ross states that he sent the following letter to the Austrian Minister in London on April 16, 1930:
‘Sir: In the aide-mémoire which you were good enough to hand to me on the 19th [of] March, 1930, the Austrian Government submitted [Page 397] the specific securities for which a release is desired to me as Chairman of the International Relief Bonds Committee, representing the Governments of Denmark, France, Great Britain, Italy, the Netherlands, Norway, Sweden, and Switzerland.
In reply I request you to inform the Austrian Government that in [the] exercise of the mandate conferred upon me by the Committee, I approve on their behalf the specific securities proposed, namely, the customs and tobacco monopoly, and such of the other revenues and receipts of the Austrian Government as may from time to time be required by the trustees of the bondholders of the proposed development loan.
It is understood that the release of these securities is subject to (1) the Hague agreements of 20th January, 1930, coming into force, and (2) a similar release of these [the same] specific securities being given by the United States Government in respect of the relief bonds which they hold.
I am, Sir, et cetera, et cetera’.”
Leith-Ross added that in his opinion British Government would ratify Young Plan11 Wednesday next.
- For correspondence relating to plan for the final settlement of German reparations recommended by the Committee of, Experts, June 7, 1929, see Foreign Relations, 1929, vol. ii, pp. 1025 ff.↩