893.51/7706: Telegram

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

1550. From Adler to Secretary of Treasury only. TF–153. Learn confidentially Chairman some 10 days ago submitted his resignation, which Dr. Kung rejected. Chairman, who appears determined to quit, has again submitted resignation, though agreeing to carry on until successor is appointed. While stated ground for resignation is health, his actual grounds are undercurrent of friction with Dr. Kung and dissatisfaction with Board’s lack of power. [Adler.]