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Foreign Relations of the United States

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United States Department of State / Papers relating to the foreign relations of the United States, 1920
(1920)

Liberia,   pp. 49-128 PDF (28.0 MB)


Page 49

LIBERIA
ELABORATION OF A FINANCIAL PLAN FOR LIBERIA, AS A BASIS
FOR THE LOAN CREDIT OF $5,000,000 FROM THE UNITED STATES
TREASURY-DISSATISFACTION OF THE LIBERIAN GOVERNMENT
WITH THE DRAFT OF THE PLAN
882.51/1035b : Telegram
The Secretary of State to the Minmster in Liberia (Johnson)
WASHINGTON, December 20, 1919-2 p.m.
Disregard Department's urgent December 19, 5 p.m.2 Should
read as follows: Following departure for Monrovia of Mr. Worley,3
who has been acting as Fiscal Agent, it will be necessary for Re-
public of Liberia to authorize an agent to receive on its behalf and
to pay out for the purposes agreed upon with the United States Treas-
ury such advances as shall be made by the United States Treasury.
The National City Bank acts as Fiscal Agent for the Loan of
1912.4 Please ascertain if it is agreeable to Liberian Government
to have National City Bank act as Fiscal Agent for Liberian Gov-
ernment to receive the above mentioned advances from the United
States Treasury.                                     LANSING
882.51/1036: Telegram
The Minister in Liberia (Johnson) to the Secretary of State
MONROVIA, December 23, 1919-4 p.m.
[Received 7:33 p.m.]
Communicated Department's December 10 [20], 2 p.m. to Liberian
Government. In reply Legation advised that it is agreeable to
Liberian Government that National City Bank act as Fiscal Agent
of Liberia for advances which may be made the Republic from the
United States Treasury and that Liberian Government would be
pleased to have Department approach bank on this matter in its
behalf.                                             JOHNSON
l For previous correspondence concerning the financial affairs of Liberia,
see Foreign Relations, 1919, vol. ii, pp. 464 ff.
2Not printed.
3Harry F. Worley, General Receiver and Financial Adviser to the Republic
of Liberia.
4See Foreign Relations, 1912, pp. 667 ff.
126794 vol. iiI-36-10                              49


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