817.516/169: Telegram
The Chargé in Nicaragua ( Hanna ) to the Secretary of State
[Paraphrase]
Managua
, July 29,
1929—5 p.m.
[Received 7:15 p.m.]
[Received 7:15 p.m.]
206. Your July 27, 2 p.m. I saw the President of Nicaragua. He states that it has never been his intention to do more than indicate his desire that the loan in question be made provided it could be made on sound business principles. The President is not aware of a telegram from him insisting upon the loan if it is unsound business. My talk with the President leaves the matter to the judgment of those administering the National Bank.
Hanna