893.51/6974: Telegram

The Ambassador in China (Johnson) to the Secretary of State

501. My 485, August 3, 2 p.m. McHugh has been told by an informant he believes to be well informed and reliable that the bill establishing a commercial credit fund of 10 million pounds was ready for final approval by the British Government just before Parliament adjourned on August 4 but was withheld on representations from the British Ambassador at Tokyo who urged that the inclusion in this amount of a sum of 3 million pounds for use in promoting sales [Page 708] to China would embarrass the conversations in progress in Tokyo for the settlement of the Tientsin controversy.

Johnson