839.51/3479: Telegram

The Chargé in the Dominican Republic ( Stafford ) to the Acting Secretary of State

55. Your telegram No. 81, September 3, 6 p.m. Law has been passed but not promulgated by President who informs me he is returning it to Congress for amendment. Dunn says in confidence that amendment was proposed by Judge Schoenrich30 and authorizes President to accept suspension or substantial reduction in sinking fund rate on bonds now outstanding in lieu of $25,000,000 issue if latter is found impossible. Dunn plans to leave on plane Sunday and should be in Washington, Tuesday evening. He will urge President to delay passage and promulgation of amended law until appropriate time.

Stafford
  1. Counsel for the Dominican Government.