893.51/7463
The Secretary of the Treasury (Morgenthau) to the Under Secretary of State (Welles)93
My Dear Mr. Welles: Reference is made to your letters of February 14, 1942, regarding financial aid to China, and of February 17, 1942, enclosing a copy of a letter of February 16 from the Chinese Minister of Foreign Affairs together with a copy of the translation of the telegram of February 15 from General Chiang Kai-shek to the President.94
We have been giving the problem of effecting the loan careful consideration here and we are now preparing a definite plan. I hope to be able to call a meeting on the matter early next week.
Sincerely yours,