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Memorandum by the Under Secretary of State (Phillips)

During his call this morning the Chinese Minister asked whether the Government had reached any decision with respect to sending a [Page 604] financial attaché to China. He expressed earnestly his hope that we would find it possible to do so.

I explained to the Minister that the matter was still undecided and was a subject which was, even now, being discussed with the Treasury Department. I said I hoped we would reach a decision shortly.

William Phillips