500.A 4 e/388: Telegram

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

290. The Belgian Chargé informs me that Belgian Delegation to Special Conference has been instructed to request Conference to include Banque Beige pour l’Étranger among foreign financial establishments to receive funds proceeding from new Customs receipts. In this connection see Department’s mail instruction to you of April 29, 1922, No. 139.68 I informed him that if question of deposit of Chinese Customs funds is brought up at Conference the American Delegation will take the position that banks of all nationalities be treated on a basis of equality including American. I explained to him that this did not mean that this Government would urge that surplus Customs funds be deposited with foreign banks.

Kellogg
  1. Not printed.