893.51/3817: Telegram

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

198. Your 106, May 1, 2 p.m. Foreign Office note dated 3rd in reply to my note based on your 42, February 21, 3 p.m., quotes Ministry of Finance as follows:

“Interest payments due May and November 1921 each amount to $165,825 United States gold. It is now proposed first to make a payment of one half. During June and July when the salt surplus is received this will be paid. As regards the principal, since this is very large sum, it will be necessary to devise some other means to make payment.”

I will keep this matter appropriately before the Chinese Government.