Foreign Relations of the United States Diplomatic Papers, 1934, The Far East, Volume III

033.1100 Rogers, James H./20: Telegram

The Consul General at Shanghai ( Cunningham ) to the Secretary of State

Shanghai , April 23, 1934—5 p.m.
[Received April 23—7:45 a.m.]

189. For Morgenthau from Rogers. T. V. Soong¹⁵ last week took position United States Government could not undertake alone raising world price silver as too great purchases might be required. Minister of Finance Kung is publicly committed to stability silver price.

Account demand for stability by important groups already reported believe Nanking Government would welcome some plan assuring future stability silver price in terms of major currencies. [Rogers.]

Cunningham

15. Member of standing committee of Chinese National Economic Council.