made as aforesaid by the diplomatic agent of the demanding Government, or in his absence, by a consular officer thereof. If the fugitive criminal shall have been convicted of the crime or offense for which his extradition is asked, a copy of the sentence of the court before which such conviction took place, duly authenticated, shall be produced. If, however, the fugitive is merely charged with crime, a duly authenticated copy of the warrant of arrest in the country where the crime was committed, and of the depositions upon which such warrant may have been issued, shall be produced, with such other evidence or proof as may be deemed competent in the case. ARTICLE XII In every case of a request made by either of the High Contracting Parties, for the arrest, detention or extradition of fugitive criminals, the appropriate legal officers of the country where the proceedings of extradition are had, shall assist the officers of the Government demanding the extradition before the respective judges and magistrates, by every legal means within their power. ARTICLE XIII The present Treaty of which the English and Czechoslovak texts are equally authentic shall be ratified by the High Contracting Parties in accordance with their respective constitutional methods and shall take effect on the date of the exchange of ratifications which shall take place at Washington as soon as possible. ARTICLE XIV The present Treaty shall remain in force for a period of ten years and in case neither of the High Contracting Parties shall have given notice one year before the expiration of that period of its intention to terminate the Treaty, it shall continue in force until the expiration of one year from the date on which such notice of termination shall be given by either of the High Contracting Parties. In witness whereof the above named Plenipotentiaries have signed the present Treaty and have hereunto affixed their seals. Done in duplicate at Prague this second day of July, nineteen hundred and twenty five. OBJECTION BY THE DEPARTMENT OF STATE TO PRIVATE LOANS TO PENDING SETTLEMENT OF CZECHOSLOVAK CZECHOSLOVAKIA DEBTS TO THE UNITED STATES GOVERNMENT 860f.51/410: Telegram The Acting Secretary of State to the Minister in Czechoslovakia (Einstein) [Paraphrase] WASHINGTON, June 9, 1925-7 p.m. 21. Recently a representative of Dillon, Read and Company called to advise the Department of State informally that certain tentative discussions had been taking place in Prague between a representative of the company and the Government of Czechoslovakia in regard to a possible loan of $60,000,000; of this amount one-half would be for general construction purposes, and the other half would go in part for the establishment of a bank of issue and in part to stabilize the currency. Department was informed (1) that these conversations had arrived at stage where matter had either to be continued seriously or to be discontinued; and (2) that the bankers felt that the market could now take $30,000,000 for Czechoslovakia but not $60,000,000. The bankers were inquiring in regard to the Department's attitude toward such a loan as they had in mind, and they were informed that until the Czechoslovak Government should reply to this Government's recent note regarding refunding of Czechoslovakia's debt to the United States, the Department would not be disposed to view favorably any financing in the American market on behalf of that Government. The bankers were also informed that the Department would have no objections to communication of above views to Government of Czechoslovakia. GREW 800.51 W 89 Czechoslovakia/95: Telegram The Minister in Czechoslovakia (Einstein) to the Secretary of State PRAGUE, June 17, 1925-1 p. m. 5 30. Mr. Clarence Dillon now at Prague with Colonel Logan informs me that he proposes telling Dr. Beneš that after Czechoslovak Government has replied satisfactorily to Government's recent note regarding refunding of indebtedness to the United States he is dis See vol. 1, pp. 122 ff. 'James A. Logan, Jr., formerly American unofficial representative on the Reparation Commission. posed tentatively to discuss short-term credit to be established for purpose stabilizing the currency. Mr. Dillon's intention is to cooperate fully with Department and conform himself to its wishes. EINSTEIN 860f.51/410 supp. : Telegram The Secretary of State to the Minister in Czechoslovakia (Einstein) [Paraphrase] WASHINGTON, July 23, 1925-1 p. m. 30. Refer Department's No. 21, June 9, 7 p. m. Department has been informed by bankers that their representatives in Prague indicated to President Masaryk and to Foreign Minister Beneš that until a reply should be received from the Czechoslovak Government to this Government's recent note regarding refunding of indebtedness of Czechoslovakia to the United States, the Department would not be disposed to view with favor a loan to Czechoslovakia, and that for the purpose of cooperating with the Department, the bankers suspended negotiations. Department is now informed by bankers that Czechoslovak authorities have in meantime requested National City Company to make an offer on loan in question and they fear that agreement will be reached between National City Company and Czechoslovak Government, conditioned on favorable action by Department, whereby they will be excluded from business which they initiated. Department does not desire, of course, to favor one firm of American bankers over another, but at same time Department feels that it would be hardly fair to Dillon, Read and Company if their position should be prejudiced by reason of their cooperation with Department. You are instructed, therefore, to make discreet inquiry, and if as result of your inquiries you find that the National City Company or any other American banker is negotiating a loan with Czechoslovak Government, you will request the representative of that banking firm to call upon you at the Legation, and you will inform him (1) that until a satisfactory reply is received from the Czechoslovak Government to the Department's note regarding refunding of Czechoslovakia's indebtedness to the United States, the Department cannot view with favor flotation of a Czechoslovak loan in this country; and (2) that Department would strongly disapprove conclusion of any loan agreement or option between a foreign borrower and American banker specifically conditioned upon Department's favorable action respecting it. Department desires to be consulted before any agreement with prospective foreign borrower is concluded; it is not willing that preliminary contracts be signed conditioning final loan contract upon Department's offering no objection to proposed transaction. Telegraph action taken, giving name of any American banker at present negotiating with Czechoslovak Government. KELLOGG 860f.51/421 : Telegram The Minister in Czechoslovakia (Einstein) to the Secretary of State [Paraphrase] PRAGUE, July 25, 1925-1 p. m. 43. Department's No. 30, July 23, 1 p. m. It is reported that National City Company has advanced $12,000,000 to Czechoslovak Government as installment on future loan, thus enabling Government to take care of short-term obligations which matured on July 1. EINSTEIN 860f.51/421 : Telegram The Secretary of State to the Minister in Czechoslovakia (Einstein) [Paraphrase] WASHINGTON, August 4, 1925-6 p. m. 34. Your No. 43, July 25, 1 p. m. On July 25 the Department inquired informally of the National City Company whether it had made an advance of $12,000,000 as installment on proposed future loan; and at the same time advised company of Department's attitude on loans and credits by American bankers to Czechoslovakia at present. The company replied July 29, informing Department that the report was entirely erroneous and that neither the National City Company nor the National City Bank had any such credits outstanding at the present time. Department informally advised by Dillon, Read and Company that today they received cable from Logan, reporting that the National City Bank had made private advances to the Czechoslovak Government up to $12,000,000 since June 15, 1925, and that the Government is not, therefore, in need of money at present, and that discussions for a general loan have been suspended; also that the European representative of the National City Company was advised yesterday for first time of Department's attitude toward Czechoslovak financing. Please investigate discreetly and report facts of actual situation with particular reference to whether Government of Czechoslovakia is or is not at this time in pressing need of funds. KELLOGG 860f.51/428: Telegram The Minister in Czechoslovakia (Einstein) to the Secretary of State [Paraphrase] PRAGUE, August 10, 1925-2 p. m. 46. On August 8 I saw President Masaryk at Carlsbad. He inquired in regard to standing of National City Bank and said that the Government was now negotiating loan with them, but stated in answer to my question that he did not know if any advances had yet been made. An advance to the Government of Czechoslovakia has been reported as having been made through a local bank which has, in turn, received money from a foreign bank, but I am unable to vouch for the accuracy of this statement. I do not believe that the Government is in urgent need of funds, but I have impression that it is finding difficulty in handling maturing short-term notes and that it would welcome a loan to relieve it. On August 5 I communicated through American Embassy, Berlin, the Department's position as outlined in its telegram No. 30, July 23, 1 p. m., to Vice President Weeks of the National City Bank who had been in Prague twice lately, with suggestion that message should be given to his principals in New York for their information. EINSTEIN 860f.51/426: Telegram The Secretary of State to the Minister in Czechoslovakia (Einstein) [Paraphrase] WASHINGTON, August 13, 1925—5 p. m. 35. Your telegram No. 46, August 10, 2 p.m. (1) The National City Company has written to the Department to say that it concurs in and will be guided by the Department's views in regard to Czechoslovak financing. (2) It appears that certain advances have been made by the Federal Reserve Bank of New York over a period of several months to a Czechoslovak institution which is exercising provisionally the functions of a state bank of issue. 6 (3) Czechoslovak Government's note of July 22 was presented by Chargé on August 8. He requested copies of the debt-funding arrangements already made by the United States, which were given him together with statement showing amounts payable annually by Czechoslovakia on basis of British terms. It was made clear that this "Not printed; see telegram No. 41, July 23, from the Minister in Czechoslovakia, vol. I, p. 129. |