Papers Relating to the Foreign Relations of the United States, 1921, Volume I

893.51/3271

The American Group to the Secretary of State

New York, February 18, 1921.
[Received February 19.]

Sir: We beg to advise you that at a recent meeting of the American Group Committee it was decided not to take up the option given the Group by the Pacific Development Corporation on its position under its contract with the Chinese Government.

Respectfully

J. P. Morgan & Co.
For the American Group