500. A 4e/16: Telegram

The Secretary of State to the Consul General at Shanghai ( Cunningham )

Your 3 April 7, 4 p.m.

For Arnold.

Department’s view is that any basis of valuation would be acceptable which in the judgment of the Revision Commission is deemed to correspond most nearly with the actual values which may be anticipated to prevail pending the further revision contemplated by Article 4 of the Customs Convention concluded February 6th.

Hughes