File No. 893.51/1971

The Ambassador in Great Britain ( Page ) to the Secretary of State

[Telegram]

1280. Your 883, August 21, 3 p.m. British Government are prepared to assent in principle to the proposal to constitute a new four-power group for the purpose of making a loan to China in the place of the existing international consortium. There are certain points which are not clear to British Government and these are set out in a long Foreign Office note dated August 14 sent to Department under cover of my despatch 9710, August 16, which went in pouch leaving that day.

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