493.11/1680: Telegram

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

184. Following from Peck, Nanking:

“February 26, 2 a.m. Lo has just telephoned me that he has received letter from Soong saying that he heartily approves in principle of the plan for debt commission as set forth in your note of January 2090 but has some changes in procedure to suggest. Soong believes an arrangement between the American and Chinese Governments for the purpose indicated will be advantageous to international relations and to Chinese credit, more especially as no definite time and method for the payment of the obligations in question are stipulated. Lo said that application for slight changes in detail would be embodied shortly in a note to you.”

  1. Not printed.