The Ambassador in Great Britain (Davis) to the Acting Secretary of State
[Received April 2.]
Sir: With reference to the Department’s telegram No. 4590 of February 21, 4 p.m., and previous correspondence respecting the formation of a new International Consortium to provide loans to China, I have the honor to transmit herewith enclosed a copy of a Note I have just received from the Foreign Office, to the effect that the British Government have decided to authorise a British group to enter the Consortium under the conditions suggested by the Government of the United States, and setting forth the scheme as it is understood by the British Government.
In dealing with the conditions under which the British Government accept the proposals reference is made to a Note, dated the 14th of August last from the Foreign Office and for the guidance of the Department I venture to point out that a copy of that Note was transmitted to Washington under cover of despatch No. 9710 of August 16th last.79
A copy of the attached Note has been forwarded to the American Commission to Negotiate Peace to-day, despatch No. 102.
I have [etc.]