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
realtions with the Kingdom of Montenegro." 7 0 Hughes answered on July 15, 1921—to the Italian Chargé, Sabetta. The core of his arguments was that the U.S. had had "no diplomatic or consular officers stationed in Montenegro" during the war and the American government did not deem it necessary to assign anybody there. 7 1 The settling of this question favorable to the Kingdom of the Serbs, Croats, and Slovenes did not mean that the relations between the U.S. and the Kingdom lacked any disturbances. The major problems came from the loan-question. The Yugoslav loans raised until the end of 1924 were not too high —they approached only two billion dinars. 7 2 In 1922, they obtained a larger amount from American banks. 7 3 The American Minister in the Kingdom promptly notified the State Department of the imminent deal between the Yugoslav Government and Blair and Co. of New York 74 According to the original plan, the Yugoslavs were to have received $ 100.000.000 at eight per cent In the course of the negotiations, however, the amount was reduced considerably, to less than one-third of the amount proposed first Hughes, in his telegram sent to the Chargé at Belgrade, Boal, asked him to find out "whether any part of the $ 30.000.000 ... referred to by Legation ... will be used to pay off debts of Yugoslavia to foreign gevernments or to their nationals ... m7 5 The answer must have been disappointing because two weeks later, on May 15, 1922, Hughes informed the Chargé that "... the banking firms mentioned in the Department's telegram No. 13. (Blair and Co., Bertron, Griscom and Co., and Hallgarten and Co.) have been informed that in the absence of an understanding between the World War Foreign Debt Commission and the Government of 7 0 Ibid., 947, 702.7311/37. 7 1 Ibid., 949, 124/73/a. 72 ' Berend and Ránki, Economic Development, 184. 7 3 See the documents under the heading of Acquiescence by the Department of State in a Loan by American Bankers to the Kingdom of the Serbs, Croats and Slovenes. Papers, 1922, Vol. 2, 1002—1020. 7 4 Ibid., 1002. 8604.51/147: Telegram. 7 5 Ibid., 1002, 860 h.5 1/153: Telegram. 94
