882.635 Neep/13: Telegram

The Minister in Liberia ( Walton ) to the Secretary of State

54. For McBride. Your 27, November 1, 8 p.m. Government’s confidence in Neep’s financial status appreciably weakened. Promoters seek aid from Amsterdamsche Bank, N. V., Amsterdam, Holland, which is unconvinced of project’s practicability. New engineers therefore en route to investigate further.

Japanese Ambassador at Paris has proposed to Liberian Minister that Liberia export iron and cotton to Japan to be shipped via South Africa instead of Suez Canal. Japan willing to send experts to teach Liberians cotton culture. Liberian Minister suggests that iron concession be exploited jointly by Dutch, American, Belgian and Japanese nationals. President Barclay confident of American participation.

Exclusion provision submitted to President. Great curiosity in Neep displayed here by undesirable interests.