893.811/294a: Telegram

The Secretary of State to the Minister in China (Reinsch)

The American International Corporation on May 1 and the Chinese Minister here signed a contract for a loan to the Chinese Government of $250,000 for the preliminary survey of the Grand Canal. The Chinese Government will hand the Legation a Treasury Note for amount stated. Funds will be made available in National City Bank upon receipt of notification that Legation has Treasury Note.

Please promptly inform Department which in turn will transmit notification to Corporation and Bank. Transmit note through Department to Corporation.

Lansing