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The Department of State on the American Flotation of Foreign Public Loans
Published online by Cambridge University Press: 04 May 2017
Abstract
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- Type
- Editorial Comment
- Information
- Copyright
- Copyright © American Society of International Law 1922
References
1 See Art. X of Bond and Fiscal Trust Agency Agreement between the Republic of Nicaragua and certain bankers, Oct. 5,1920.
2 Such was the attitude of certain American bankers in. 1911, in negotiations with the Republic of Honduras. See in this connection U. S. Foreign Relations, 1912, p. 587.
3 For the text of the agreement, see this Journal(Jan. 1922), Vol. XVI, Official Documents,p. 4. See also Geo. A. Finch, “American Diplomacy and the Financing of China,”id., XVI, 25.
4 It is not suggested that such terms might not, under entirely different circumstances,be justly exacted as a necessary safeguard for the lender and without jeopardizing the validity or ultimate success of the loan.