Papers Relating to the Foreign Relations of the United States, 1924, Volume I

463.00 R 29/156: Telegram

The Secretary of State to the Ambassador in France (Herrick)

[Paraphrase]

Washington, February 29, 1924—6 p.m.

67. L–54 for Logan. Your February 9, 3 p.m., L–89. When question comes up in the Reparation Commission in regard to the person or body to whom delivery of bonds shall be made under the provisions of article 4, Liberation Debt Agreement of September 10, 1919, as amended December, 1919, you may state that this Government would not object to the delivery of these bonds to the Reparation Commission.

The Department does not perceive that the Government of the United States has an interest in the disposition of the liberation bonds such as to preclude the above expression of its attitude, although as long as our Army cost claim remains unsatisfied³¹ and no procedure is decided upon for payment of American claims adjudicated by the Mixed Claims Commission,³² this Government has an interest in reparation credits.

You will advise the Department of your opinion whether a claim could properly be made under the Army Costs Agreement³³ for share in cash realized from the liberation bonds.

Hughes

31. See Foreign Relations, 1923, vol. ii, pp. 218 ff.
32. See ibid., 1922, vol. ii, pp. 240 ff.
33. Ibid., 1923, vol. ii, p. 180.