800.51W89 Yugoslavia/154a

The Acting Secretary of State to the Yugoslav Minister ( Pitamic )

Sir: I am requested by the Secretary of the Treasury to notify you that the following amounts are due and payable on June 15, 1933, on account of the indebtedness of your Government to the United States pursuant to the debt agreement of May 3, 1926:41

Amount due June 15, 1933, under debt agreement:
Principal $275,000.00
Amount due June 15, 1932, but not paid:
Principal 250,000.00
Interest accrued since June 15, 1932, on principal payment due that date (computed at the rate of 4 per cent per annum as authorized by Act of Congress, approved December 23, 1931). 10,000.00
Total amount due June 15, 1933 $535,000.00

The debt agreement of May 3, 1926, requires thirty days advance notice in case your Government desires to make payment in obligations of the United States issued since April 6, 1917, but I am requested [Page 918] by the Secretary of the Treasury to advise you that he will be glad to waive the requirement of thirty days advance notice if your Government wishes to pay in that manner.

Accept [etc.]

William Phillips
  1. Combined Annual Reports of the World War Foreign Debt Commission, 1922–1926, p. 280.