102.1/3–1547: Telegram
The Ambassador in China (Stuart) to the Secretary of State
Nanking, March 15,
1947—10 a.m.
[Received March 17—6:33 a.m.]
[Received March 17—6:33 a.m.]
565. For State and Treasury from Adler.
- 1.
- Informed Minister of Finance and Governor of Central Bank of your response to Soong’s request. (Reference your telegram 284 of March 7.) Finance Minister made no comment but Governor said he supposed Chinese Govt would have to rely for mobilization of Chinese private assets abroad on appeal to patriotic motives (an appeal from which in light of previous experience here too much cannot be expected).
- 2.
- Governor informed me with some pleasure that Central Bank had been buying foreign exchange at rate of US $1 million a day in last 10 days, chiefly in form of export bills and US currency.
- 3.
- One of Soong’s advisers informed me that of 5 major resolutions to be presented to imminent meeting of Kuomintang Central Executive Committee 1 will be concerned with economic recommendations and policy. [Adler.]
Stuart