The Ambassador in Cuba (Guggenheim) to the Secretary of State

No. 776

Sir: Referring to my despatch No. 773 of July 9, 1931, I have the honor to transmit herewith a copy and translation of a letter addressed to me under date of July 8, 1931, by President Machado in acknowledgment of the communication regarding the future issuance of Cuban Government obligations which I addressed to him on June 27, 1931, pursuant to the Department’s telegraphic instruction No. 72 of June 26, 2 p.m.

Respectfully yours,

Harry F. Guggenheim
[Page 550]

The President of Cuba (Machado) to the American Ambassador (Guggenheim)

Mr. Ambassador: I have the honor to refer to Your Excellency’s note dated the 27th of June last, by which you advised me in the name of your Government of the desire to be notified in advance of any decision of the Cuban Government to issue obligations, and also to be advised of the pertinent data upon which it can reach a decision as to whether or not it should interpose objections under Article II of the Permanent Treaty.

In reply, I can inform Your Excellency that my Government has not decided and does not intend for the present to issue obligations such as those to which your Government refers, as a consequence of which there is no need at present to consider the second point mentioned in Your Excellency’s note.

I renew [etc.]

Gerardo Machado