893.51/6810
Memorandum of Conversation, by the Adviser on Political Relations (Hornbeck)
Mr. Lamont called me on the telephone from New York.
The long and the short of the somewhat extended conversation was: Mr. Lamont made clear that the committee which acts for the American Group in the China Consortium no longer wishes to pay the annual fee of £750 to the Hong Kong and Shanghai Bank, of which mention has been made in previous conversations (see memoranda26), but the committee is willing to revert to the annual fee of £25 paid in connection with services rendered in relation to the Hukuang bonds; and I assured Mr. Lamont that so far as I could perceive there could be no suggestion of any objection here to a notification by the committee to the Hong Kong and Shanghai Bank to that effect.
- Supra.↩