Papers Relating to the Foreign Relations of the United States, With the Address of the President to Congress December 5, 1916

File No. 893.811/214

[Untitled]

American Legation,
Peking, April 20, 1916, 11 p.m.

The terms of Shantung Canal agreement as reported by Gregory to the International Corporation are the most favorable ever obtained by any foreign firm for a loan in China. Prompt ratification by the bankers highly desirable. There is nothing in the present situation that militates against security or advisability of a loan of this sort connected with recognized American undertaking.

Reinsch