711.922/47: Telegram

The Minister in Siam (Baker) to the Acting Secretary of State

28. Referring to Department’s telegram No. 17, November 18, 1 p.m. Legation has no reason to believe injury to American interests will result from any of the treaty changes suggested by the Siamese Government. Proposal relating to monopolies apparently not aimed at American interests but to overcome rights acquired from American treaty by most-favored-nation clause in other treaties. Abolition of monopoly clause may possibly open up a field for future investment of American capital.