893.51/3903: Telegram
The Secretary of State to the Minister in China (Schurman)
Washington, July 26,
1922—3 p.m.
187. Your 318 July 24, 5 p.m.
It is Department’s view that you should neither aid nor actively oppose proposed loan which is a British enterprise. Department does not desire to curtail any legitimate independent effort which Pacific Development Corporation may consider advisable in obtaining liquidation of its loan.
Hughes