882.51/1137

The British Ambassador ( Geddes ) to the Secretary of State

No. 395

Sir: With reference to your note of March 29th13 I have the honour to inform you that British bondholders of the Liberian Loan are complaining of the non-application of the Sinking Fund and that His Majesty’s Government understand the funds applicable to this purpose are being retained by the American Receiver.

If this understanding is correct my Government are anxious to make it clear that, in their view, the Liberian Loan including the Sinking Fund, should be met to the limit permitted by the Receivership receipts and without reference to the question of exchange.

I have [etc.]

A. C. Geddes
  1. Not printed.