Foreign Relations of the United States, 1948, The Far East: China, Volume VII

840.48 Refugees/12–748: Telegram

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

Taipei, December 7, 1948—4 p. m.
[Received December 7—5:11 a. m.]

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

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