882.01 Foreign Control/346

The President of the Finance Corporation of America (Wm. P. Belden) to the Secretary of State

Sir: We are herewith transmitting for the information of the Department of State copy of an invitation received from The Secretary General of the League of Nations, dated August 24th, 1932, together with our reply, dated September 2nd, 1932.

Yours very truly,

Finance Corporation of America
Wm. P. Belden
, President
[Enclosure 1]

The Secretary General of the League of Nations (Drummond) to the Finance Corporation of America

Council Committee on Liberia meeting September 19th, Geneva, discuss definitive arrangements regarding scheme of assistance Liberia. As your Corporation is aware, recommendations made last May by Committee include certain suggestions affecting Loan Contract with Liberian Government.

[Page 752]

President Council Committee requests me to inform you that Committee would appreciate opportunity of consulting your corporation and securing general agreement in the interest of all parties and accordingly to invite you to send representative.

[
Eric Drummond
]
Secretary General, League of Nations
[Enclosure 2]

The Finance Corporation of America to the Secretary General of the League of Nations (Drummond)

Appreciate courtesy your invitation to have representative present at next Liberian meeting. However, since American Government has not endorsed a plan for assistance to Liberia, we do not believe that any practical results could be accomplished by our sending a representative to Geneva until a satisfactory foundation for useful negotiation has been laid.

Finance Corporation of America