893.24/8–2048

The Secretary of State to the Chinese Ambassador (Koo)

The Secretary of State presents his compliments to His Excellency the Chinese Ambassador and has the honor to refer to the Department’s Memorandum dated July 1, 1948, regarding the payment by the Chinese Government of the second installment of principal and interest due on July 1, 1948, under the Lend-Lease “Pipeline” agreement of June 14, 1946 in the amount of $2,824,930.75.

It is understood that the Treasury Department has not yet received this payment, and the Secretary of State will be appreciative of the cooperation of His Excellency in this matter.