893.51/2455: Telegram

The Chargé in China (Tenney) to the Secretary of State

The Japanese Minister called today to express his apprehension that there would be general disorder throughout North China unless financial assistance is soon given to the Peking Government. He alluded to the suggestion made to the old consortium by the Japanese Government, that the old consortium arrange for a loan. He said that no reply had been received from London to the request of the consortium bankers for instructions. As the Japanese would be the principal sufferers if disorders break out, it would be necessary for Japan to act independently in financing the Peking Government if it cannot be done through the consortium. He expressed the hope that American financiers would cooperate in a loan, part of which might be allotted to the Southern Government.

Tenney