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.