893.61331/203: Telegram
The Consul at Tsingtao (Sokobin) to the Secretary of State
Tsingtao, March 2, 1940—11
a.m.
[Received 11:36 p.m.]
[Received 11:36 p.m.]
34. With reference to my telegram No. 22, of February 6, 10 a.m.,66 Universal Leaf.
- (1)
- While one additional permit for 1,000,000 pounds has been withdrawn, Company is continuing purchases and has now succeeded in bringing to Tsingtao practically all tobacco purchased. Company considers operations this season on the whole successful, all the more so as Yee Tsoong Company, which requires 15,000,000 pounds for normal operation for one year of its Tsingtao factory only has succeeded in obtaining barely 5,000,000 pounds compared to purchases of 65,000,000 pounds in 1935.
- (2)
- The continued successful activities of the Universal Company in the Shantung leaf markets, with good prospects for future operations, may be regarded as an outstanding achievement of American Government policy on the one hand and of American business resourcefulness on the other.
Repeated to Peiping. Code text to Tokyo and Shanghai.
Sokobin
- Not printed.↩