893.515/385

Memorandum by the Economic Adviser (Feis)

The Treasury having made this morning a revised draft of the text of the message to be given to the Chinese Government,38 the Chinese Minister was asked to call and was received by the Secretary. Mr. Hamilton of the Far Eastern Division and myself were present. The Secretary explained to the Minister that a cable was about to be sent through him from the Federal Reserve Bank of New York to the Central Bank of China in response to the note of the Chinese Government asking this Government to take certain steps in regard to its silver program. The Secretary gave the Minister orally the substance of the four points as drafted by the Treasury, and the[n] explained that the Secretary of the Treasury would receive the Minister at 12:15 today in order to answer any questions the Minister might wish to ask in regard to this matter.

The question of publicity was raised and the Chinese Minister agreed that he would give out no statement at all except such as might [Page 457] be agreed upon by him and the Secretary of the Treasury at the meeting at the Treasury.

H[erbert] F[eis]
  1. Infra.