839.51/4520
Memorandum by the Chief of the Division of the American Republics (Duggan)
When the Dominican Minister was in to see me on Friday he mentioned that he was preparing a note to the Department on the subject of the negotiations to terminate the Convention of 1924. In the attached note24 he states that his Government intends to submit “new suggestions” in the future as a basis of negotiation. Orally the Minister informed me that these suggestions would be along the line of the bank plan regarding which we have been negotiating with Haiti. The Government apparently intends to proceed immediately to purchase the bank, and once having acquired the bank will propose that the bank handle the collection and disbursement of customs. The Minister inquired whether the proposed bank contract looked satisfactory. I told him that if he meant satisfactory from the standpoint of the new plan which the Government has in mind for customs collections and disbursements the Department would have to give very careful consideration to it. The Minister then said that he would not suggest further study of the contract until after the Department had received his new suggestions.
- Supra.↩