817.77/251: Telegram

The Chargé in Nicaragua (Hanna) to the Secretary of State

268. By Presidential decree dated November 8, Mr. Kennedy is appointed acting manager of the Pacific Railway “with the obligation to deposit in the National Bank to the order of the government all funds of the railway,” and Señor Porto Carrero is appointed assistant manager.

President Moncada has informed me that he has taken this action to insure continuity in the local management and that it does not alter his hope expressed in my telegram 258, October 29, 3 p.m. Kennedy is requesting cable instructions of the White Management Corporation.

Hanna