893.51 Russian Issue/70: Telegram
The Secretary of State to the Ambassador in China (Johnson)
103. Reference Nanking’s telegram no. 80, February 18, 1937, 11 a.m.,87 Department’s instruction no. 447, July 26, 1937, to the American Embassy at Nanking, and despatch no. 469, May 15, 1937, from the Embassy at Nanking88 in regard to American holders of bonds of the Russian series of the Chinese Government Five Percent Reorganization Gold Loan of 1913.
When you next see Arthur Young89 please ask him to remind the Chinese Minister of Finance90 of the various approaches made by the Government of the United States to the Chinese Government in regard to claims of American holders of bonds of the Russian series referred to above and say that this Government continues to be importuned by these holders for some action in the protection of their interests. Say that British and possibly other nationals holding bonds of the same series have received at least partial payment thereon and that the American Government feels very definitely that American holders of these bonds have been unfairly discriminated against. Say that in view of all pertinent circumstances the Government of the United States would welcome an acknowledgment by the Chinese Government of its obligation to the American holders of bonds of the Russian series and an assurance that as soon as circumstances permit the Chinese Government will undertake to reach a settlement with those holders on terms not less favorable than the settlement received by holders of any other nationality of similar bonds whether such settlement was made by the Chinese Government or through private banks. Say that the Government of the United States will appreciate an early reply.
Repeated to Peiping.
- Foreign Relations, 1937, vol. iv, p. 664.↩
- Instruction No. 447 and despatch No. 469 not printed.↩
- American adviser to the Chinese Ministry of Finance.↩
- H. H. Kung.↩