893.48/1049
Memorandum by the Chief of the Division of Far Eastern Affairs (Hornbeck)
| Conversation: | Mr. Sao-Ke Alfred Sze, Chinese Ambassador; |
| Mr. Hornbeck; | |
| Mr. Mackay. |
The Ambassador called and said that he had a telegram from H. H. Kung in which Kung instructed him to inquire whether it would be agreeable to the American Government, pending negotiation, as the Chinese Government was sending someone to this country to negotiate on the subject, to let stand in abeyance the payment of $420,000 which will be due from the Chinese Government on March 1 on the RFC credit.
Mr. Hornbeck called Mr. Mackay in. Mr. Hornbeck inquired on what ground the Chinese Government wished that the payment be held in abeyance. The Ambassador replied that Kung had not informed him but that he supposed that they were “hard up”. Mr. Hornbeck said that we would have to submit the question to the RFC.