893.5151/898: Telegram

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

813. For Secretary of Treasury from Adler.

TF–49. Board at meeting today, which chairman invited me to attend as observer, decided to change its official rate for Chinese national currency to 51/16 United States cents and 31/64 pence to be effective [Page 530] as from the opening of business July 10. Banks selling rate will be 5 United States cents and 3 pence. [Adler.]

Gauss