837.51 Public Works Debt/52: Telegram

The Ambassador in Cuba ( Wright ) to the Secretary of State

49. For the Under Secretary of State. Tentative agreement reached today between Crafts,16 Brownson and Pujol for settlement of Warren Brothers obligations at 80 and port notes at 60 in the new emission of bonds, and also of Purdy, Henderson claim as per previous agreement at 80 in both 85 million dollars issue, all subject to Government ratification. Pujol appears confident of his ability to obtain Government ratification. Crafts will be informed on Tuesday next of Government decision when Brownson settlement seems assured.

Wright
  1. Frederick A. Crafts, senior counsel for Warren Brothers Co.