893.51/6683: Telegram

The Ambassador in the United Kingdom (Kennedy) to the Secretary of State

924. In the course of a conversation at the British Treasury today reference was made to the information supplied by the Export Credit Guarantees Department reported in No. 840, August 30, 7 p.m. The British Treasury stated that the situation had not been materially advanced and seemed pessimistic about the possibility of effecting any substantial arrangement for the reason that “the Chinese did not really want British goods but munitions and even if they had any security to offer, the Export Credit Guarantees Department was not by statute able to deal in armaments.”

Kennedy