837.154/104: Telegram

The Ambassador in Cuba (Guggenheim) to the Acting Secretary of State

17. Referring to Department’s urgent 23, February 4, 4 p.m.; and my despatches numbers 75 of January 29 and 77 of January 31.

Financial statements promised for February 3 have not yet all been received. Have informed Chase representatives that within six hours after receipt of these statements we will be in a position to [Page 690]make our recommendation. Chase representatives here admit that the business preliminary to bringing out loan are proceeding without interruption and that withholding of final approval of the Department is not delaying this transaction. Much of the data on Government’s financial status has not been available to the Embassy and the only way we can form intelligent opinion on Cuban finances is by having these figures. The rest of the data has been promised for today.

Guggenheim