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(78/720/40)
BRITISH EMBASSY
TOKYO.
23rd October, 1940.
54
My dear Minister,
on May 27th last I addressed a letter
to Your Excellency's predecessor inviting his atten-
tion to the reports then current that a new bank
of issue in Central China might be set up under
Japanese auspices by the Government established in
Nanking. In this letter I pointed out, on instruc-
tions from ny Government, that such action by the
authorities in China under Japanese occupation would
have the most unfavourable effect on the trade of
third Fowers and would be incompatible with the
sssurances which the Japanese Government have so
frequently given to respect foreign interests in
china. In conclusion my letter expressed confidence
that it was not the intention of either the Japanese
or Chinese authorities in China to set up this new
bank of issue and requested Your Excellency's preds-
cessor to give me any information available on this
/ subject
His Excellency
Mr. Yosuke Matanoke,
ils Imperial Japanese Majesty'a
Ministar for Foreign Aff
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