800.503193/11: Telegram

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

218. Your despatch No. 2742 of June 8, 1934, and previous in regard to (1) Monnet’s plan for inducing foreign financial investments in China and (2) the China Development Finance Corporation.

Department wishes to receive by early mail such additional and detailed information as may be available in regard to the subjects under reference, together with the views of the Legation in relation thereto. Particular scrutiny should be given to the statement or view attributed to Secretary Suma of the Japanese Legation to the effect that Monnet’s project violates the understanding underlying the Consortium Agreement of 1920.

Hull