893.24/5–746: Telegram

The Counselor of Embassy in China (Smyth) to the Secretary of State

763. Representative of Embassy transmitted your message to T. V. Soong on May 6. (Reurtel 58 of May 1.) Soong said he believed value inventory would be small and that he would ask Dr. Wong Wen-hao to furnish required data earliest possible.

2. In same interview, Dr. Soong said he had instructed T. M. Hsi24 and T. L. Soong25 to represent China in negotiations in Washington for determination of US dollar equivalent of our yuan debt to China. It was thereupon pointed out to Soong that what we desire is negotiations for an overall settlement of war account between US and China, of which yuan debt is only one item. General Marshall had made our desire for speedy initiation of negotiations for overall settlement clear in a letter to Soong dated February 20.

Smyth
  1. Hsi Te-mou, representative in the United States of the Chinese Ministry of Finance and the Central Bank of China.
  2. Brother of T. V. Soong.