882.51/979: Telegram

The Acting Secretary of State to the Ambassador in France ( Wallace )

9101. Department’s 9094, September 8, 6 p.m. Your 1368 Sept. 8. 8 P.M.26 Following received from French Embassy, dated September 5:

[Page 484]

[Here follows the note printed on page 481.]

French Ambassador is being informed that this Government does not consider negotiations as terminated and has in fact asked you to convey final views of this Government with a request for early reply. As these views which were communicated to French Ambassador in Department’s memorandum of November 19, 1918, provide for an exclusive American Receivership, this Government is not in a position to accede to the wishes of French Government in this matter.

You may orally inform French Foreign Office in above sense adding that under the terms of the Bankers Contract of 1912 Liberia is in position to purchase outstanding 5 percent bonds with advances to be made by United States Treasury thereby automatically putting an end to French share in Receivership. See Department’s 2432, June 26 to Ammission and reply of Ammission 3315, July 25, 8 p.m.27

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