893.51/2165: Telegram

The Acting Secretary of State to the Ambassador in Japan (Morris)

Your April 2, 1 p.m.

Department has received from the Embassy Paris the following: “Minister of Foreign Affairs replies that the only point on which some doubt had been entertained was the onus [expediency] of extending the scope of the new consortium to industrial loans which the agreement of the 1912 consortium had purposely excluded, but in order not to delay any longer the consideration of such an interesting proposition as that suggested by it the said point will be left to the decision of the representatives of the groups.” It suggests that representatives of banking groups themselves arrange the place and date of their meeting. Department agrees and has so advised American Group. Advise Japanese Government and repeat to Peking.