File No. 839.51/927a.

The Secretary of State to the American Minister.

[Telegram—Paraphrase.]

A representative of the National City Bank of New York, Mr. R. L. Farnham, has presented to the Department the following draft contract which he desired the Department to cable to you for Michelena, who will receive instructions to lay it before the Dominican Government.

[Here follows the text of the draft contract, in the same words as those of the inclosure to the next preceding communication.]

You will make it clear to the Dominican Government, in case Michelena presents the contract, that the Department does not indicate, by transmitting it, that it should be given preference over any more favorable offer, but has sent it merely as an accommodation to the bankers.

Knox.