693.0031 Tibet/5–3149: Telegram

The Ambassador in India (Henderson) to the Secretary of State

614. GoI states it has no objection sale gold to Tibet Trade Mission as $250,000 in dollars exchange has been released by Gol specifically for purchase gold. (Deptel 328, May 3) GoI also informed Embassy that so far as it knew officially on basis information received, TTM gold will be used as backing Tibetan currency. As reported in Embassy’s airgram 168, February 17, however, GoI considers it possible some of gold may be smuggled India for premium sales. Embassy would appreciate being informed action taken Tibetan request.

Sent Department, pouched Calcutta.