Az Eszterházy Károly Tanárképző Főiskola Tudományos Közleményei. 1994. [Vol. 2.] Eger Journal of American Studies. (Acta Academiae Paedagogicae Agriensis : Nova series ; Tom. 22)

STUDIES - Tamás Magyarics: The (Re) creation of the Relations between the US and the Successor States in Central Europe after the First World War

they refer to Hungary."

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7 The treaty, establishing friendly relations between the two countries was signed on August 29, 1921,

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8 but entered into force only on December 17, 1921, after being ratified by President Harding and the Hungarian government The course of diplomatic relations between Hungary and the U.S. afterwards followed the pattern of those between the U.S. and the other Central European nations with some minor misunderstandings like the one in 1922 when the Hungarians were willing to accept the letter accrediting Grant-Smith as Chargé d'Affaires only provisionally because it referred to the "Republic of Hungary" instead to the "Kingdom of Hungary".

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9 Thus, in due course, the Extradition Convention of July 3, 1856 and the Copyright Convention of January 30, 1912 were revived in 1922.

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0 The next minor clash happened in 1924—this time about the reparation payments and the relief bonds. The Hungarian Minister at Washington, Count László Széchényi asked the American government to suspend the priority provisions of the relief bonds during the period of amortization of the reconstruction loan to be given to Hungary, viz. twenty years.

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1 Hughes notified the Hungarian Chargé at Washington D.C., Pelényi, that "this Government ... would not waive in favor of the proposed (international) reconstruction loan the priority enjoyed by the relief bonds which it holds, unless satisfied that its relief bond would at all times be entitled to priority over reparation payments in accordance with the original agreement under which relief advances were made to Hungary ..S'

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2 However, the U.S. ultimately gave its consent that the priority of the relief bonds be subordinated to the new international loan. On May 23, 1924 the House of Representatives approved and authorized the settlement of the indebtedness 3

7 August 12, 1921. 711.64119: Telegram, ibid., 253. 3

8 Ibid., 249—262. 3

9 See the 123 sm 61/185: Telegram, ibid., 261. 4

0 Papers, 1922, Vol. 2, 577—78. 4

1 864.51/222, Széchényi' Aide mémoire to Hughes on January 2, 1924. Papers, 1924, Vol. 2, 325. 4

2 February 16, 1924. 864.51/222, ibid., 326. 86