838.51/2127: Telegram

The Secretary of State to the Chargé in Haiti ( Grummon )

48. Your despatch No. 1498 of September 11. The Department perceives no objection to offering the bondholders “C” bonds bearing the current coupon plus a payment equal to the cash payment originally offered although this proposal may not of course be accepted by the bondholders. With respect to the cash payment it is assumed that the money already provided by the Haitian Government is still in the hands of the receiver or the trustee and is available to carry out further exchanges. Have you any definite information to the contrary?

Stimson