Office of the Historian

861.77/2214

The Secretary of State to Messrs. J. P. Morgan & Company

Washington, October 22, 1921.

Gentlemen: The Department has been holding your letter of August 23, 1921, while endeavoring to secure more exact information as to the indebtedness of the Chinese Eastern Railway Company.

[Page 608]

Mr. John F. Stevens. President of the Allied Technical Board of the railway, is now en route to the United States with statistics and other information regarding the financial condition of the Chinese Eastern. After his arrival the Department will again consider with the American Group the possibility of a consortium loan.

I am [etc.]

For the Secretary of State:
F. M. Dearing

Assistant Secretary