893.50 Recovery/4–2649: Telegram

The Secretary of State to the Consul General at Canton (Ludden)

178. For Merchant from Butterworth. You should know ECA is diverting cotton shipments from Shanghai and in process moving headquarters Canton-Hong Kong. If further large expenditures Shanghai can in fact be obviated there wld be substantial increase in sums available Formosa and other projects. [Butterworth.]