868.51 Public Works/66: Telegram

The Ambassador in Italy ( Fletcher ) to the Secretary of State

[Paraphrase]

44. The Department’s views on the Seligman loan (see your 38, May 15, 2 p.m., via France17) have been communicated to the Italian [Page 100] Foreign Office, and I am told that the Italian Government is constrained to approve the draft proposed by the British Government as a reply of the International Financial Commission to Greece and which states, I understand, that the Commission opposes acceptance of service of the Seligman loan for the reason that said Commission is not inclined either to extend its activities or to prolong its existence through undertaking new loans.

Fletcher
  1. See telegram No. 156 to the Chargé in France, supra.