839.51/4473
The Chargé in the Dominican Republic (Atwood) to the Secretary of
State
No. 3661
Ciudad
Trujillo, December 7, 1936.
[Received
December 15.]
Sir: With reference to the Legation’s despatch
No. 3486 of August 26, 1936,60a in relation to the delivery of a second note to the
Secretary
[Page 476]
of State for Foreign
Affairs on August 24, 1936, regarding the floating debt of the Dominican
Republic, I have the honor to enclose for the Department’s information,
copy and translation, of note No. 940 of November 29, 1936, received
today from the Secretary of State for Foreign Affairs, advising me that
President Trujillo has submitted to the Dominican Congress for its
approval a bill to concede creditors of the Dominican Treasury a further
period of six months, commencing January 1, 1937, in which to present
the so-called “analyses” of their respective credits in order that they
may be examined and exchanged for “certificates of credit.”
Respectfully yours,
[Enclosure—Translation]
The Dominican Minister for Foreign Affairs
(Bonetti
Burgos) to the American
Chargé (Atwood)
No. 940
Ciudad
Trujillo, November 29, 1936.
Mr. Chargé d’affaires: In acknowledging the
receipt of your note No. 256 of August 24 last, signed by His
Excellency Minister Schoenfeld, I have to inform you that my
Government has received with pleasure what was said in that note in
order to clarify the intention of note No. 249 of June 18 from your
Legation, as well as the recognition that was made in the said note
No. 256, of August 24, of the interest that the Dominican Government
is evidencing in favor of the payment of the floating debt of the
Republic.
At the same time, and referring to the last paragraph of the cited
note No. 256 of August 24 last, I must point out to you that, in
connection with the examination and payment of credits and claims
against the public treasury, the Dominican Government can only be
governed in accordance with the stipulations of Law No. 1096 of
April 29, 1936.
Finally, I am pleased to advise you that the Executive, desirous of
facilitating compliance with the cited Law No. 1096 and esteeming
that the period of one hundred eighty days indicated in Article 2 of
the same has been found insufficient especially as applied to
creditors residing outside of the country, has submitted to the
National Congress a project of law whose sole article is drafted as
follows:
“There is hereby conceded a new period of six months, which
shall commence the first of January and shall terminate the
thirtieth of June 1937 in order that the persons who are
creditors of the public treasury and to whom were forwarded
analyses of their respective credits, may proceed to
exchange them for the certificates of credits to which Law
No. 1096, promulgated the 29th of April 1936, refers.”
I avail myself [etc.]
