893.506/45a: Telegram

The Secretary of State to the Chargé in China ( Atcheson )

889. The Department learns from a reliable source that influential Chinese Government banking interests are organizing a large Chinese [Page 425] insurance company capitalized at yuan 10 million with possibly some American participation therein, which appears to be of a monopolistic nature.

The Department would be interested in receiving full particulars regarding this matter and desires to be kept currently informed.