File No. 893.811/267
Minister Reinsch to the Secretary of State
Peking , August 30, 1917, 6 p.m .
Your August 25, 5 p.m. The initiative taken by the [Corporation?] in admitting Japanese cooperation under existing conditions has left no choice to the Chinese who now reconciled to Japanese financial participation and thoroughly believe that bad effects inevitable should negotiations fail, as in that case the Japanese would undoubtedly demand take over entire enterprise which would be very damaging to American interests, particularly International Corporation.
It seems advisable immediately to conclude the agreement subject to parliamentary ratification and to advance about 100,000 dollars for preliminary work.
Pan out of office but willing to help.