840.48 Refugees/12–748: Telegram

The Consul General at Taipei (Krentz) to the Secretary of State

91. Estimate about 40,000 refugees arrived here to date all classes carrying large amounts US [currency?] and gold bars. Key money rates soaring Taipei; 3-room Jap house US 10,000.

Far as known no very big names except Chen Kuo-fu2 but mostly families [with] connections Taiwan officials, plus merchants, professional and secondary mainland officials families. Some advance CAF3 arrivals.

Sent Nanking 179, repeated Department 91.

Krentz
  1. Member of the Kuomintang Central Executive Committee.
  2. Chinese Air Force.