500.A 4 e/475: Telegram
The American Delegation to the Secretary of State
[Received November 24—9:55 a.m.]
Conference 13. 1. With reference to conference summary 6, the technical committee on likin met morning of November 21st, when discussion centered on definition of likin. Chinese agreed to give a careful consideration to this question and to produce a formula at the next meeting.
2. Technical committee on other purposes met afternoon November 21st, when Chinese produced statement setting forth external obligations Ministry of Finance. Foreign delegations took position that a complete statement of the Chinese Government was necessary before the matter of refunding the unsecured debts in connection with increased customs charges could be intelligently dealt with.
3. Subcommittee on rates met morning November 23; when foreign delegations took firm position that definite information concerning the proposed financial requirements of the Chinese Government with regard to likin abolition, debt refunding, et cetera, was condition precedent to discussion of what rates were to be applied to meet these requirements.
4. Further meetings of committees are adjourned pending the production by Chinese delegation of information on matters above referred to.