837.51/1540: Telegram

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

6. My telegram No. 4, January 12, 4 p.m. On January 13th message was informally conveyed to the Embassy by Secretary of the Treasury that Cuban Government had no present intention of issuing Treasury certificates and that consideration of the matter would remain in abeyance until budget has been balanced. A similar statement appeared in the newspapers. This morning I received a letter dated January 13th from the President in reply to mine of January 11th, in which he states that his Government has not determined to issue bonds, certificates of indebtedness or other obligations for any purpose nor has it taken any steps in connection therewith.

Guggenheim