893.51/2466a: Telegram

The Secretary of State to the Ambassador in Great Britain (Davis)20

6072. Lest there be any misunderstanding on the part of the Government to which you are accredited or its financial group you will advise the Foreign Office, that the Continental and Commercial Trust and Savings Bank of Chicago is concluding with a representative of the Chinese Government an agreement for a loan of $5,500,000 in the form of a new flotation for the sole purpose of enabling the Chinese Government to meet its obligations to that Bank which mature November 1 proximo in accordance with the loan contract of November 16, 1916.21 The proceeds will be somewhat less than the requirements of the maturing principal and interest.

Repeat to Paris for similar action.

Lansing
  1. The same telegram, with the last paragraph omitted, sent, Oct. 11, to the Ambassador in Japan.
  2. See Foreign Relations, 1916, pp. 138143.