893.515/1310: Telegram

The Consul General at Tientsin (Caldwell) to the Secretary of State

Embassy at Hankow’s May 2, 4 p.m.26 Have kept in touch with Sansom and Hall-Patch who informed me just before they departed for Japan yesterday that no discriminatory effect of new currency is apparent at present but that there might be such effect if her exchange or trade control measures were put in force and that they consider that there is reason to fear that such measures might be enforced very suddenly. I concur in these views.

Mailing report and will continue to give close attention to this matter and telegraph anything of urgent importance.

Caldwell
  1. Not printed.