893.51/5908: Telegram
The Minister in China (Johnson) to the Secretary of State
[Received 7:50 p.m.]
282. Legation’s despatch No. 2609, March 22nd9 regarding Hukuang loan.
- 1.
- British Legation has suggested transmission to Chinese Government
of a memorandum acknowledging receipt of Foreign Office memorandum
of March 13th and continuing as follows:
“Although more than 3 months have since elapsed no further communication has been received from the Chinese Government by the undersigned representatives whose attention has now been drawn to yet another default in this loan on June 15. These accumulated defaults now amount to nearly 2,800,000 pounds sterling and in these circumstances continued utilization for extraneous purposes of customs revenues pledged under the agreement of 1911 for the service of the Hukuang loan must necessarily create the most deplorable impression abroad.
The undersigned representatives have accordingly the honor once again to call upon the Chinese Government to implement their obligations under articles 8 and 9 of the Hukuang loan agreement and make available the customs revenues hypothecated for the service of this loan.”
- 2.
- May I sign?
- Not printed; it enclosed copy of the Chinese Foreign Office note dated March 13, 1934, acknowledging the joint memorandum of March 7 (not printed), which had been referred to appropriate authorities for consideration (893.51/5883).↩