File No. 893.51/1742

Ambassador Guthrie to the Secretary of State


Your telegram of January 31, 5 p.m. I communicated contents today to the Minister for Foreign Affairs who repeated his determination to promote cooperation in business loans in China and said he probably would have a communication to make within a few days. In answer to a question as to what was being done in China he said that the only negotiations concerning consortium loans were those in London and that he had not heard of any protests made to China against negotiations with American interests.