893.515/1545d Suppl.: Telegram
The Secretary of State to the Ambassador in China (Gauss)
Washington, February
13, 1943—1 p.m.
222. Department’s 151, January 30, 1943. For Adler from Secretary of Treasury.
- 1.
- Dr. Kung has indicated through Mr. Hsi reluctance to use part of the $200 million set aside in special accounts with the Federal Reserve to meet payments for banknotes, etc. because $200 million set aside by governmental decree and this action made public. Nevertheless, Dr. Kung expressed willingness to use uninvested part of $200 million as Treasury suggested.
- 2.
- Treasury has asked Mr. Hsi to inform Dr. Kung that, in light of further considerations put forth by Dr. Kung, Treasury, as requested, is willing to transfer $20 million more out of the unearmarked portion of the $500 million. [Morgenthau.]
Hull