839.51/4035
The Acting Secretary of State to the Minister in the Dominican Republic (Schoenfeld)
Sir: The receipt is acknowledged of your despatch No. 1360 of December 27, 1933, relating to the conversation between yourself and the Minister of Foreign Relations regarding the proposed delay in beginning the Dominican debt negotiations with the Foreign Bondholders Protective Council.
With respect to the statement made by the Minister of Foreign Affairs on advice recently received by the Dominican Government from Doctor Tulio M. Cestero, Dominican Delegate to the Seventh International Conference of American States at Montevideo, that the Secretary of State had requested Doctor Cestero to defer further action regarding the readjustment of the external debt of the Dominican Republic until the Secretary’s return to Washington, you are informed that the Department has received no information whatever from the Secretary which would confirm this statement.
With reference to the impression given by the Minister of Foreign Relations to the effect that while the Dominican Government was preparing to submit to the appropriate authority a complete statement of its wishes in relation to the proposed reorganization of the debt service, the negotiations were now being deferred pending the return [Page 671] of the Secretary to Washington; and the intimation also given by the Minister of Foreign Relations that the Dominican Government expected the negotiations to be greatly facilitated by the promised support of the Secretary of State and Assistant Secretary Moore working in cooperation with Mr. Joseph E. Davies, copies of correspondence between Mr. Joseph E. Davies and the Department, and the Dominican Legation and the Department, transmitted with the Department’s instruction No. 215 of November 20, 1933, and No. 221 of December 2, 1933,52 completely negative these ideas of the Foreign Minister.
Very truly yours,
- Neither printed.↩