893.51/7653: Telegram
The Ambassador in China (Gauss) to the Secretary of State
[Received 11:46 a.m.]
1404. For Secretary Morgenthau from Doctor Kung.
[“]Dear Mr. Secretary: I have the pleasure of receiving, through the American Embassy, your message expressing your satisfaction for the way in which China has fulfilled her obligations to the United States stabilization fund under the 1937 arrangement, and inquiring whether the Chinese Government would prefer to have this arrangement continue in effect as otherwise it will automatically expire on December 31, 1942.
In reply, I wish to express to you my appreciation of your kind message and thoughtful inquiry. In view of the spirit that motivated your good self and me to make this agreement when I was in Washington in 1937, I am instructing Mr. Hsi Te-mou to call on you on my behalf with new proposals regarding its renewal.
With kindest personal regards.
Yours sincerely,
H. H. Kung,
Minister of Finance”.