816.51/1212: Telegram

The Acting Secretary of State to the Ambassador in El Salvador (Thurston)

159. You may, in your discretion, inform the appropriate Salvadoran authority that the Department does not support the views expressed by Mr. Renwick, regarding the recent Salvadoran bond settlement, as set forth in the enclosure to your despatch no. 1599 of May 20, 1944.98 The Department has no objection to the plan already negotiated between the Salvadoran representatives and the Foreign Bondholders Council; and it earnestly hopes that the Salvadoran Government, on its part, will maintain the expressed intention of the previous Salvadoran Administration99 to carry out this plan. Further [Page 1126] background material is being forwarded by airmail for your information.

  1. Despatch and its enclosures not printed.
  2. For information on the revolutionary change of government in El Salvador, see pp. 1087 ff.