838.51/2603: Telegram

The Minister in Haiti ( Armour ) to the Secretary of State

14. Answering the questions in the Department’s telegram 8 of February 25, noon.

1.
The Haitian Minister of Finance rejected the bank’s offer of the credit on the grounds that the terms were unnecessarily onerous. Among other things he does not consider approval of Haitian Legislature nor the formal accord of the President of the United States as necessary. The Government is negotiating with the bank for a modification of the conditions of the credit (see my letter to Wilson of February 24,38 sent air mail 25th).
2.
Modifications proposed by the Haitian Government in the agreement concerning financial control transmitted in my despatch 79 of February 22 and commented upon in my despatch No. 82 of February 24.39

We are preparing in conjunction with Pixley replies to paragraphs 3 to 7 which will be telegraphed tomorrow.

De la Rue returns March 2nd and I shall ask him to submit to me for forwarding to the Department the description requested in paragraph 8.

Armour
  1. Not printed.
  2. Latter despatch not printed.