893.515/376

The Chinese Minister (Sze) to the Secretary of State

My Dear Mr. Secretary: I beg to inform you that I have received the following cablegram dated December 27, 1934, from Dr. H. H. Kung, Minister of Finance at Nanking, with the request that it be communicated to you:

“China deeply appreciates American Government’s meeting China’s difficulty regarding silver. The Reserve Bank’s message is receiving most careful consideration and the views of China will be communicated as soon as practicable. Meanwhile I am instructed to request that you transmit the following from the Central Bank of China to the Federal Reserve Bank:

‘As Chinese Government’s fiscal agent we have noted the silver purchase program set forth in your communication. We gladly accept your invitation to send a representative to discuss the matter set forth in your message together with related matters and shall shortly advise you of his name and the date of his sailing.’”

I am [etc.]

Sao-ke Alfred Sze