893.515/367: Telegram
The Secretary of State to the Consul General at Shanghai (Cunningham)44
272. Your 596, December 19, 9 p.m. Please deliver to Arthur Young as coming from Hornbeck the following: [Page 461]
“Reference your telegram for Hornbeck and Johnson:
The silver policy of the United States, particularly its effects on the economy of China, has received and will continue to receive earnest consideration by the highest officials of the American Government and it is hoped that the procedure outlined in the text of the message from the Federal Reserve Bank of New York, which message was on December 18 handed to the Chinese Minister here for transmission to the Central Bank of China, may prove helpful. Season’s Greetings.”
- Notation by the Economic Adviser: “Read to and approved by Mr. Coolidge, Undersecretary of Treas[ury] Dec. 28/1934—H[erbert] F[eis].”↩