893.61331/115: Telegram
The Consul at Tsingtao (Sokobin) to the Secretary of State
[Received October 6—8 a.m.]
Universal Leaf Tobacco Company case. In an interview with Japanese Consul General on Tuesday he indicated disposition to give company permission to purchase tobacco in the interior on three provisions, (1) company to use Federal Reserve currency, (2) company not to sell its tobacco to Yee Tsoong Company which has agreed to comply with Japanese requirement for purchase stipulated amount of yen at official rate, (3) not to stir up tobacco market and raise prices which might prevent Japanese buyers from operating because of high prices. Decision of Japanese authorities will be known in a few days.
Repeated to Chungking, by mail to Tokyo.