File No. 893.51/2128
The Ambassador in Japan (Morris) to the Secretary of State
Baron Sakatani has formally accepted appointment as financial adviser to the Chinese Government. In an interview published this morning the Baron says:
As I don’t want to become a mere ornament, I submit the conditions on which I was prepared to commence work. Among the first schemes which I shall launch is currency reform with a view to the adoption of the gold standard. When the currency reform is completed, trade between Japan and China will become more prosperous than now.