File No. 893.51/1923c

The Secretary of State to the British Ambassador ( Reading)1

No. 150

Excellency: Adverting to your note of October 8, 1917,2 and to other correspondence on the subject of organizing an international consortium for the purpose of making a loan to China I have the honor to inform you that as a result of conferences held recently in Washington and New York, participated in by officers of the Departments of State and Treasury and representatives of certain banks in New York and Chicago, it was decided to take up the matter of making such a loan. I have the further honor to enclose herewith for [Page 176] your excellency’s information and that of your Government copy of a letter dated July 8, 1918, from certain bankers in New York and Chicago, relative to this matter, and a copy of the Department’s reply of July 9, 1918.

I have [etc.]

Robert Lansing
  1. The same, mutatis mutandis, on the same date, to the Japanese Ambassador (No. 3) and to the French Ambassador (No. 2181).
  2. Foreign Relations, 1917, p. 145.