File No. 893.51/1739


My telegram of January 27, noon. In parting with me on the 26th, Japanese Minister for Foreign Affairs told me he would consult with Baron Shibusawa. This morning’s Times contains an interview with the latter following the lines of Monoto’s suggestion to me and advocating cooperation between Japan and American business interests in China and specifically the establishment of a central bank in that country under joint control. He also contends that the operation of the international financial group should be restricted as suggested in my interview.