838.51/4107a: Telegram

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

177. Minister Lescot was told in an informal conference that the Department would interpose no objections if the Haitian Government should present a request to the Foreign Bondholders Protective Council for a reduction in the interest rate on Haiti’s dollar bonds from 6 percent to 4 percent.

Lescot indicated that he would inform his Government of this fact with a recommendation that a statement be prepared by his Government, presumably with the assistance of the Fiscal Representative, for submission to the Council.

Hull