Office of the Historian

893.515/12–2845: Telegram

The Vice Consul at Peiping (Freeman) to the Secretary of State

Peiping, December 28, 1945.
[Received December 29—7 a.m.]

41. According to a notice published here today, conversion of puppet FRB notes into CNC or fapi in accordance with the 5 to 1 rate will begin here at the Central Bank of China on January 4 and continue until April 13th, after which date the FRB notes will become invalid.3

Sent to Chungking, repeated to Dept.

[Freeman]
  1. This information, differing somewhat in detail, was reported to the Department by the Embassy in telegram No. 2055, November 28, 11 a.m. (893.51/11–2845).↩