893.51 Manchuria/13: Telegram

Mr. Hsieh Chieh-shih to the Secretary of State

I have honour to inform Your Excellency that my Government issued following statement on 7th November:

“Government of Manchukuo reached decision to float loan amounting to 30 million gold yen for purpose of improving its organs for maintenance of peace and order, of constructing some roads, and of rehabilitating areas devastated by flood in North Manchuria. In view fact that amount to be floated is comparatively small and also because of its urgent need this Government has decided to raise said sum in Japanese market. Necessary negotiations were accordingly opened in Tokyo on 7th of November for contract to cover same.

It is opinion of Manchukuo Government to raise whenever necessary loan funds in future not only in Japanese market but also in those of other countries of world provided they can be obtained on favorable terms. Furthermore, this Government will gladly welcome subscriptions on part of capitalists of America, European nations to present loan if amicable arrangement can be reached between them and Japanese banking syndicate.”

Respectfully yours,

Hsieh Chieh-shih

Minister for Foreign Affairs, Manchukuo