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United States Department of State / Papers relating to the foreign relations of the United States, 1919
(1919)

Nicaragua,   pp. 659-677 PDF (5.8 MB)


Page 666

FOREIGN RELATIONS, 1919, VOLUME II
offer on all other claims was tentative, and made liberal in order to
obtain acceptance of claim as a whole. Young was not satisfied with
proposed bonds, and Commission feels that to pay all in cash, even
if claim is considerably reduced, would have bad effect upon bonds in
eyes of other foreign diplomatic claimants. Bank is in better posi-
tion to take bonds than other individual claimants, and it was idea
of the Commission that British Government would itself scale other
claims in order to give bank more. Bank claim is extremely weak in
proof and in equity. Commission is not willing to consent to split-
ting up of claim, nor does it wish to leave bank claim pending for
future difficulties and it believes that if matter again is referred to
British Government, it will accept.
The Commission, acting upon my suggestion, finally has agreed in
case the Department finds it absolutely necessary to bring about a
final settlement of British claim to make a final offer of £9,000 cash,
and £2,000 bonds, but under no consideration to give increase in cash.
JEFFERSON
417.41/11
The British Embassy to the Department of State
No. 421                 MEMORANDUM
The British Embassy present their compliments to the Depart-
ment of State, and have the honour to refer to the Department's
memorandum of the 2nd instant, with regard to certain British
claims against the Government of Nicaragua.
The substance of this memorandum was duly communicated to
His Majesty's Government, and a telegram has now been received
from the Foreign Office stating that His Majesty's Government
regret that it is quite impossible for them to reduce the amount of
the Legation claims, as agreed upon by an exchange of notes with
the Nicaraguan Government, after the claims themselves had been
carefully taxed.
WASHINGTON, April 19, 1918.
417.41/13
The British Embassy to the Department of State
No. 519                 MEMORANDUM
The British Embassy presept their compliments to the Depart-
ment of State and have the honour to refer to the Department's
memorandum of April 30th,10 in which it was stated that the Public
10 Not printed.
666


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