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

549. Reference my 527, April 11, 9 a.m. Ministry of Finance in a communication signed by Dr. Kung has notified the Stabilization Board of the Ministry’s proposal to grant a 50 cents on the dollar exchange allowance to foreign diplomatic and consular establishments in China. The word “subsidy” is not employed. The communication, somewhat lacking in precision with regard to procedure and eventual accounting, requests the Board to give the matter its attention.

Adler,21 our member of the Stabilization Board, will report fully after meeting of the Board for the information of the Department and the Treasury.

  1. Solomon Adler.