893.515/1162: Telegram

The Secretary of State to the Ambassador in Japan (Grew)

96. Your 160, July 21, 1 p.m. Complete statements covering results of conversations between Chen and Treasury Department were issued in this country and in China before Chen left Washington.

American assistance in unification of Chinese currency and revenues consisted of advice only.

For the remaining items in the story which you report, as regards American assistance, there is no basis in fact.

There have been no conversations or agreement subsequent to Chen’s visit here.

We regard this story as planted for political purposes and to elicit information.

Suggest you relay your telegram and this to Peiping.

Hull