The Secretary of State to the French Ambassador (Jusserand)

Excellency: I have the honor to acknowledge the receipt of your communication of January 17, 1920, concerning the notification [Page 626] given by the Chinese Finance Minister to the Old Consortium concerning the lapse of options under the old reorganization loan agreement and to state that this Government does not consider that matter to be of great importance in view of pending negotiations for an emergency advance by the four Powers concerned in the organization of the new Consortium.

Accept [etc.]

Robert Lansing