838.516/343

The Secretary of State to the Chargé in Haiti (Chapin)

No. 278

Sir: With reference to your despatch No. 579 of March 29th, 1935, relating to the bank sale contract, there is enclosed herewith, for your strictly confidential information, a copy of a memorandum of conversation, with its enclosures,17 dated March 25, 1935, between Mr. W. W. Lancaster, of the National City Bank, and Assistant Secretary Welles.

Your attention is invited to the reply of Mr. Welles to Mr. Lancaster, in the second paragraph on page 2 [3] of the memorandum,18 regarding the policy of this Government in the event the bank contract should be consummated under the present Haitian legislature. In this relation, the Department is confident that you will exercise due care so that no intimation or impression will be given that this Government has made any commitment in the premises.

Very truly yours,

For the Secretary of State:
Sumner Welles
  1. Enclosures not printed.
  2. Fourth paragraph of memorandum printed on p. 714.