File No. 893.51/805.

The American Ambassador to Japan to the Secretary of State.

[Telegram.—Paraphrase.]

In answer to invitation to participate in Chinese loan transmitted in your March 11, The Minister for Foreign Affairs expresses appreciation of condition that equal participation be tendered Japan and Russia and undertakes on behalf of his Government to join in said [Page 115] loan, designating the Yokohama Specie Bank as the representative of the Japanese financial group.

Minister for Foreign Affairs adds:

The Imperial Government naturally expect that nothing connected with the projected loan will operate to the prejudice of the special rights and interests of Japan in the region of southern Manchuria.

Bryan.