893.51/5048: Telegram
The Acting Secretary of State to the Chargé in China (Mayer)
Washington, September 1,
1927—3 p.m.
331. Your 846, August 31, noon. Government of the United States does not admit efficacy of proposed action to render null and void bonds issued by Chinese Government and intends to insist that contractual rights of American bondholders be respected.
Bankers Association may be informed of Department’s attitude but bondholders should determine for themselves attitude they will take toward notice requiring registration and subscription salt bonds.
Castle