868.51 War Credits/641

The Greek Minister (Simopoulos) to the Acting Secretary of State

No. 2145

Excellency: In reply to your letter dated October 31, 1933, by which you kindly transmitted the communication of the Acting Secretary of Treasury relative to my country’s debt to the United States, I have the honor to inform you that, while the Greek Government considers the second loan under the Agreement of May 10, 1929, as a war loan, taking, [Page 547] however, into consideration the objections of the United States Government on this matter and desiring to avoid any discussions, it would be disposed to grant to this debt the same treatment accorded last year,12 expressly maintaining, as in the past, its point of view on the character of this debt.13

Consequently, the Greek Government will recognize against the interest of this loan due May 10, 1933 and November 10, 1933, the same percentage which will be applied for the stabilization loan.

Accept [etc.]

C. Simopoulos
  1. See telegram No. 158, December 31, 1932, from the Chargé in Greece, Foreign Relations, 1932, vol. ii, p. 429.
  2. See memorandum from the Greek Prime Minister to the American Chargé in Greece, October 8, 1932, ibid., p. 402.