Foreign Relations of the United States Diplomatic Papers, 1941, The American Republics, Volume VII

838.51/4136: Telegram

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

Port-au-Prince , January 27, 1941—11 a.m.
[Received 1:05 p.m.]

10. For Finley.⁵ My letter January 24 regarding reduction in interest rate.⁶

Dana Munro⁷ expressed to me yesterday the opinion that the fiscal agent would be obliged to pay interest up to 6% on the April 1 coupon if he has sufficient funds for that purpose. In these circumstances and since funds have already been remitted for the payment of 4% interest on the April 1 coupon the conclusion of an accord prior to February 1 would appear to be urgent so that the fiscal representative may legally withhold further remittances to the fiscal agent on account of the April 1 coupon.

Sparks

5. Harold D. Finley, Assistant Chief of the Division of the American Republics.
6. Not printed.
7. Vice president of the Foreign Bondholders Protective Council.