818.51/1027
Memorandum of Conversation, by the Chief of the Division of the American Republics (Bonsal)
The Minister came in at my request. I explained to him the reasons why the Department was unable to consider the Costa Rican Finance Minister’s proposal for adding to the current public works credit an amount of $1,000,000 on the same terms for the purpose of meeting certain fiscal obligations. I stressed the fact that our offer for a $1,000,000 separate nine year credit was an extremely liberal one considering the purposes for which the money is to be expended. The Minister expressed agreement.
The Minister then entered into a discussion of Costa Rican politics. …
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