102.1/2–2247: Telegram

The Acting Secretary of State to the Ambassador in China (Stuart)

284. 1. Pls inform Chinese authorities (urtel 345, Feb 22) along following lines (For Emb and Adler from Dept and Treas).

“After most serious consideration this govt regrets that it is unable comply with Mr. Soong’s request to Mr. Adler on Feb 19, 1947, for the reblocking Chinese assets in US or for info available to this govt concerning assets in US owned by Chinese persons. Reimposition freezing controls over Chinese assets not only impracticable in view administrative difficulties but would also be completely contrary to commitments made to Congress to effect that our wartime controls will be eliminated as rapidly as possible. Info available to this govt [Page 1086] concerning assets in US of Chinese persons obtained by Treas thru its TFR–300 census as wartime measure to assist primarily in implementation its wartime freezing controls. Requests from other foreign govts for this type info have been refused.”

2. Any comments Treas may have concerning draft foreign exchange regulations (urtel 344, Feb 223) will be transmitted separately. [Department and Treasury.]

Acheson
  1. Not printed.