893.74/196: Telegram

The Minister in China (Schurman) to the Secretary of State

[Paraphrase]

396. An official in the Ministry of Communications and a representative of Moss inform me that the recent default of the Chinese Government may render it impossible to secure funds for the Federal wireless contract. American prestige would be gravely injured should this contract fail to be financed as it is a sound business project unconnected with the solvency of the Chinese Government. The Department’s good offices to ensure success are urgently requested.

Schurman