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505 DE Fl 61-1 B DCH TELEGRAM. RECEIVED OEPART TATE LFE RCC ENT UF STATE This telegram must be Eth closely paraphrased be- Dated December 10, 1943 fore being communicated FROM to anyone. (SC) Pec's 1:35 Pem. Division EASTERN of HA ADVISER FORC DIVISION SBECIAL FAR EASTERN AFFAIRS Secretary of State DEC Por STATE LC 11 1948 of Washington Depa tment of State DEPARTMENT OF STATE ff g term to 2365, December 10, 10 a.m. Re matter of reverse Lend-Lease or some other arrangement re exchange financing of United States 969A hrmy and other expenditures in China (re your 1751, December 6) Kung's reaction to Treasury proposals has certainly 993.5751/969 C.F new not been encouraging, (see our 2228, Nov ember 24, Noon) 893.5151970 and 2235, November 25, 10 a.m.) idler is awaiting comment from Treasury before pressing matter further, but is far 5° 3,5151 from sanguine that further informal approaches will be productive. art, againt Our proposals for reverse Lend-Lease equally received little satisfnctory reaction from Kung 393.24/1672ct (see our 2085 November 5, 2 P.m.) and within production of Treasury proposals I have not felt that I should press the Lend-'ease suggestion. War Dopartment's tentative proposal in event of failure Treasury negotiations is mercly a ropetition of proposal put forwerd by General Somervell (see our 893.24 1664 1990 October 20, p.m. that it raises amount required 6

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    "ocrText": "505\nDE\nFl\n61-1\nB\nDCH\nTELEGRAM. RECEIVED\nOEPART TATE\nLFE\nRCC\nENT UF STATE\nThis telegram must be\nEth\nclosely paraphrased be-\nDated December 10, 1943\nfore being communicated\nFROM\nto anyone. (SC)\nPec's 1:35 Pem.\nDivision EASTERN of HA ADVISER FORC DIVISION\nSBECIAL\nFAR EASTERN AFFAIRS\nSecretary of State\nDEC Por STATE\nLC 11 1948\nof\nWashington\nDepa tment of State\nDEPARTMENT OF STATE\nff\ng\nterm\nto 2365, December 10, 10 a.m.\nRe matter of reverse Lend-Lease or some other\narrangement re exchange financing of United States 969A hrmy\nand other expenditures in China (re your 1751, December 6)\nKung's reaction to Treasury proposals has certainly\n993.5751/969 C.F\nnew\nnot been encouraging, (see our 2228, Nov ember 24, Noon)\n893.5151970\nand\n2235, November 25, 10 a.m.) idler is awaiting comment\nfrom Treasury before pressing matter further, but is far\n5°\n3,5151\nfrom sanguine that further informal approaches will be\nproductive.\nart,\nagaint\nOur proposals for reverse Lend-Lease equally\nreceived little satisfnctory reaction from Kung\n393.24/1672ct\n(see our 2085 November 5, 2 P.m.) and within production\nof Treasury proposals I have not felt that I should press\nthe Lend-'ease suggestion.\nWar Dopartment's tentative proposal in event of\nfailure Treasury negotiations is mercly a ropetition\nof proposal put forwerd by General Somervell (see our\n893.24 1664\n1990 October 20, p.m. that it raises amount\nrequired\n6"
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