812.51/1609: Telegram

The Ambassador in Mexico ( Morrow ) to the Secretary of State

160. Your 195, July 25, 7 p.m. Minister Estrada spent Sunday with me at Cuernavaca and I discussed with him the agreement signed between the Mexican Minister of Finance and the International [Page 473] Committee.14 Pursuant to appointment I also met President Ortiz Rubio this afternoon at 4 o’clock and had a conference of an hour and a half with him. President Ortiz Rubio told me that he would not submit the agreement to Congress except with a project which would comprise the debt as a whole. I asked him if I might advise the Department that this was his intention and he told me he would be glad if I would do so.

Please consider this message confidential. Some confusion may possibly arise through a different point of view between the publicity given out in New York and such publicity as may come out here. We therefore want to make certain that pending developments no publicity comes out from either Department or Embassy.

Morrow
  1. Agreement between the United Mexican States and International Committee of Bankers on Mexico, dated July 25, 1930. Copies were sent to the Department on September 17, 1930 (812.51/1630). In despatch No. 57, December 18, 1930 (not printed), the Ambassador in Mexico reported that: “Yesterday the Minister of Hacienda gave out to the press a copy of the Spanish text of the agreement. This publication has been started in serial form in today’s issues of Excelsior and El Universal.” (812.51/1680)