The Minister in Yugoslavia (Prince) to the Secretary of State
[Received April 2.]
Sir: I have the honor to refer to my despatch No. 1275, dated March 1, 1932, and to my telegram No. 5, of to-day’s date,65 and to inform the Department that I have received to-day a formal reply from Assistant Foreign Minister Fotich to my communication dated February 29th65 embodying the information contained in the Department’s telegraphic Circular dated February 26, 11 A.M. A copy and translation of this reply, as well as a copy of my communication to the Foreign Office, are enclosed.
While the Yugoslav Government has designated its Minister in Washington, Dr. Pitamic, as its representative for conference with the Secretary of the Treasury with the view of concluding the agreements authorized by Public Resolution No. 5 of the Seventy-second Congress, it will be seen from the reply that the Yugoslav position66 in rejecting the original debt recess plan is reiterated, and that in engaging in the proposed negotiations this Government does so without assuming any of the obligations that would have resulted from an acceptance of the plan.