839.51/3984
Statement Made by the Assistant Secretary of State (Moore) in the Presence of the Secretary of State and Messrs. Joseph E. Davies and Oliver P. Newman, on November 7, 1933
November 7, 1933
Speaking unofficially and privately, I can say that if I were advising the Dominican Republic I would suggest an extension of the present law for a period of six months in order to give the opportunity to confer with bondholders and with the Committee that is now being organized. It seems to me that a period of six months should be sufficient for that purpose. I also advised a most careful scrutiny of expenditures with a view to making every possible economy that can be reasonably effected.