821.51/2601a: Telegram

The Acting Secretary of State to the Ambassador in Colombia ( Braden )

79. The Colombian Embassy is completing preparation of the detailed offer to the holders of the Federal dollar bonds. With this matter out of the way, the Department believes it important that the Colombian Government proceed with discussions regarding the Federally-guaranteed agricultural mortgage bank debt, and that some settlement be worked out for the several provincial, local and banking issues. Please investigate the prospect for such further debt discussions and report to the Department personally when you arrive in Washington.