863.51 Relief Credits/236: Telegram

The Chargé in Italy ( Kirk ) to the Secretary of State

37. Department’s 93, April 15, 6 p.m., to London. Following statement received from Foreign Office in reply to representations made by this Embassy based on above-mentioned telegram:

Italian Ministry of Finance concurs with declarations made by Chairman of Relief Bond Committee to Austrian Government in note of April 16th, 1930, approving guarantees proposed by Government of Austrian Republic, with special reference to customs and [Page 403] tobacco monopoly and such other revenues and receipts of Austrian Government as may from time to time be required by trustees of bondholders of the proposed reconstruction loan. It is understood that the release of these guarantees is subject to the Hague agreements and to the condition that similar approval be given by American Government, which appears to be contained in representations based on Department’s above-mentioned telegram.

Statement concludes by declaring that Italy’s decisions are subordinated to analogous decisions by other interested states.

Copy and translation of Foreign Office Note follows by pouch.17

Kirk
  1. Not printed.