882.516/53: Telegram
The Chargé in Liberia (Reber) to the Secretary of State
[Received September 16—7:40 a.m.]
120. President King today is requesting the National City Bank of New York to use its good offices in securing or establishing a bank at Monrovia in order to provide commercial facilities and a means also for the transfer of interest and amortization funds. King has requested that the Department of State be consulted in this regard.
Financial Adviser Loomis reports he has failed to interest any foreign bank in the establishment of a national institution. King has said also that he will discuss on September 17 with Loomis an answer to the latest letter from the Fiscal Agents.