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375 75-5 -2- "492, April 5, Noon (SECTION THREZ) from Chungling via N.R. dollar. There are rumors in Chungking that Dr. Hung plans to lower the rate of exchange (thirty to one is mentioned), but these rumors may derive from the circuristance that the linistry of Finance, I am confidentially informed, is giving sone consideration to the matter of granting a special rate for diplomatic and foreign Government establishments in China. There is no assubance, however, that such consideration will be translated into action. OF AGE) VINCENT NPL BERVICE to

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