800.51W89 Finland/54

The Finnish Minister (Aström) to the Acting Secretary of State

Sir: I have the honor to acknowledge receipt of your note of June 9, 1933, by which you were good enough to inform me that the Secretary of the Treasury had requested you to advise me that he would courteously waive the requirement of thirty days advance notice contained in the debt agreement of May 1, 1923, for the case that my Government should wish to make payment on June 15 next in United States obligations.

Highly appreciating this courtesy I wish to state that my Government, when making payment in full of the interest, due to-morrow the fifteenth of June in the amount of $148,592.50, will prefer the method for effecting payment in silver provided for in Section 45 of the Emergency Farm Mortgage Act of May 12, 1933,65 since my conversations at the Department of State have disclosed that this form of payment will be agreeable to the Government of the United States. My understanding is that the American Government will accept silver at a price of 50 cents an ounce, and that the silver should be delivered on June 15th at the Assay Office in New York.

I should be greatly obliged to you if you would kindly confirm the correctness of my above understanding.66

Accept [etc.]

L. Aström
  1. 48 Stat. 53; 31 U. S. C. sec. 823.
  2. This understanding was confirmed by the Acting Secretary of State in a note dated June 15.