893.5151/970: Telegram
The Ambassador in China (Gauss) to the Secretary of State
Chungking, November 25,
1943—10 a.m.
[Received 11:54 a.m.]
[Received 11:54 a.m.]
2235. 1. Dr. Chi, General Secretary of Board and of Exchange Control Commission, called on me yesterday morning and informed me he had just been instructed by Kung to clarify the following points on Kung’s behalf (from Adler to Secretary Treasury only, refer Embassy’s 2231, November 2460 and your 1672, November 20):
- (a)
- While Kung had no objection in principle to sale of gold in China on our account he deemed it inadvisable on additional ground [Page 580] that other governments had raised question and if he agreed in our case he could not refuse them.
- (b)
- He wished to make it clear in connection with his offer of 40 to 1 (Embassy’s 2231, paragraph 4–b) that what he had in mind was China’s eventually crediting the amount over and above the official rate paid to us for United States dollars to reverse Lend-Lease.
- (c)
- He would have to review questions raised in conversation of November 23 with Generalissimo and Cabinet before being able make final decision.
2. Called on Kung yesterday evening and he confirmed above. No comment is necessary.
Gauss
- Not printed.↩