893.5034 Registration/11–845: Telegram
The Secretary of State to the Chargé in China (Robertson)
1932. American businessmen are becoming increasingly disturbed with regard to the projected Company Law especially in view of the fact that it may become law on January 1 in its present form. ReEmb 1940 dated Nov 8 and Dept’s 1853 dated Nov 16. They are particularly concerned over Articles 7 and 292 and the Dept shares their feeling of concern.
Please inquire whether there is now a definite prospect that the provisions mentioned above will be altered prior to Jan 1, 1946 in a manner which will relieve the concern of the Dept and American businessmen. If you find that there is no definite prospect that it will be altered it is desired that you arrange to call directly on Generalissimo Chiang Kai-shek and lay the case before him simply and forcefully. In doing so you may state that the American Government, in questioning the Company Law in its present form, is motivated by the desire that there be revived as soon as possible mutually beneficial commercial relations between the businessmen of America and [Page 1252] those of China and that it would be most regrettable if unreasonable impediments of a legalistic character were allowed to interfere with such a revival.