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308
25-4
-2- #127, January 23, 11 a.m. (SECTION TWO), from Chungking
from foreign military and diplomatic establishments,
relief and missionary organizations, and foreign residents
in China as well as from Chinese dependent upon remittances
from their relatives abroad.
Minister of Finance maintains that rate cannot be
revised at this time because of danger of effect on whole
price structure and currency situation, and there is equal
opposition to granting any special rates for special
purposes as such special rates could not be kept secrct.
I
understand that as to such organizations as
United China Relief it is proposed that Chinese Govern-
mont grant subsidies of dollar for dollar remittances
received from abroad at the official rate.
I
am informed in strictest confidence that as to
military forces and perhaps diplomatic establishments
there has been some proposal that inter-governmental
arrangements be made under which the Chinese Government
the
would advance Chinese currency funds for their expenses,
AND
a SERVICE
RECORDS
such advances to be charged to reverse Lend-Lease or
to
to be left for future settlement between the governments,
with the rate of exchange left open for future decisions,
This expedient was proposed to avoid granting special
rate.
GAUSS
WVC
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Context sent to Scholar
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"ocrText": "308\n25-4\n-2- #127, January 23, 11 a.m. (SECTION TWO), from Chungking\nfrom foreign military and diplomatic establishments,\nrelief and missionary organizations, and foreign residents\nin China as well as from Chinese dependent upon remittances\nfrom their relatives abroad.\nMinister of Finance maintains that rate cannot be\nrevised at this time because of danger of effect on whole\nprice structure and currency situation, and there is equal\nopposition to granting any special rates for special\npurposes as such special rates could not be kept secrct.\nI\nunderstand that as to such organizations as\nUnited China Relief it is proposed that Chinese Govern-\nmont grant subsidies of dollar for dollar remittances\nreceived from abroad at the official rate.\nI\nam informed in strictest confidence that as to\nmilitary forces and perhaps diplomatic establishments\nthere has been some proposal that inter-governmental\narrangements be made under which the Chinese Government\nthe\nwould advance Chinese currency funds for their expenses,\nAND\na SERVICE\nRECORDS\nsuch advances to be charged to reverse Lend-Lease or\nto\nto be left for future settlement between the governments,\nwith the rate of exchange left open for future decisions,\nThis expedient was proposed to avoid granting special\nrate.\nGAUSS\nWVC"
}