File No. 817.51/599b.

The Secretary of State to the Minister of Finance of Nicaragua.

Dear Mr. Cuadra: After carefully reviewing the matter of the $400,000 which is to be set aside for the Nicaraguan Mixed Claims Commission, it seems that a clause might be added to the loan contract to read as follows:

The Nicaraguan Government having so desired, it is agreed that the bankers shall pay $400,000 from the amount of the loan to the persons entitled thereto under the awards of the Nicaraguan Mixed Claims Commission.

This Department would be glad if you could have this clause so incorporated.

I am [etc.]

W. J. Bryan.