Papers Relating to the Foreign Relations of the United States, With the Address of the President to Congress December 2, 1913

File No. 893.51/1434.

The American Group to the Secretary of State.

New York, June 6, 1913.

Sir: We beg to enclose herewith, for your information and files, copy of letter received today from the International Banking Corporation quoting a cable received from their London office in regard to the repayment of the Treasury bills from the proceeds of the reorganization loan.

Yours very truly,

Willard Straight.

[Inclosure.]

The International Banking Corporation to the Representative of the American Group.

New York, June 6, 1913.

Dear Sir: With reference to our letter of the 4th instant, we beg to advise receipt this morning of the following cable message from our London Office:

Peking advises: “Advise Morgan, Grenfell & Co., London, referring to our telegram of the 4th—‘The Hongkong & Shanghai Banking Corporation, the Deutsch-Asiatische Bank, the Banque de l’Indo-Chine, the Russo-Chinese Bank and the Yokohama Specie Bank, have telegraphed Hongkong & Shanghai Banking Corporation, London, all Treasury Bill[s] plus accrued interest to be repaid at once from proceeds reorganization loan.’”

Yours very truly,

H. T. S. Green.