893.01/10–2149: Telegram

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

4467. Close local American friend of Indian Ambassador Panikkar quoted him as predicting in confidence shortly before he embarked for India on October 18 that all Commonwealth and most European and Asiatic countries would recognize Chinese Commie regime by December 15. He predicted US would follow suit within few weeks thereafter. Panikkar reported casting about for suitable site for Indian Embassy in Peiping. House hunting by other missions as well reportedly has stimulated Peiping real estate market.

McConaughy