Foreign Relations of the United States, 1949, The Far East: China, Volume VIII

893.918/7–2649: Telegram

The Secretary of State to the Consul at Shanghai (McConaughy)

Washington, July 26, 1949—7 p. m.

1480. Dept informed that C. V. Starr today reed tel from AAU²³ Shanghai stating Miner and Gould locked in office by employees demanding increased pay; Chi auths refusing further intervention on basis Miner uncomplied their order; so far no physical violence but indications lock-in may be lengthy.

Dept also informed Starr has sent tel to Labor Section Shanghai MCC stating that Miner no power to obtain funds for wages or any other purpose except by sale or mortgage plant and stock in Shanghai; that Post Mercury no assets outside Shanghai, is deeply in debt and can obtain no further credit for any purpose whatsoever.

Dept assumes ConGen taking appropriate measures assist Miner and Gould insofar as possible.

Acheson

23. American Asiatic Underwriters.