}
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importance most of all to the firm establishment thereby of the principle of present and future co-operation between the four interested Governments.
It regards as also of great importance such provision for the adequate control of expenditures under the pending or any future loaus to China.
In regard to China's promise to ask the United States to nominate a financial adviser who should be an American, this Government wishes it to be understood that, when the Chinese Government shall have carried out its undertaking as to the adviser, and when the four Governments shall be agreed as to co-operation and control as above indicated, then, should objection be expressed by the tripartite Governments to the selection of an American for that post, and should that objection not be met by some understanding as to similar appointments in connection with future loans, the American Government would be disposed to consult with the three other interested Governments and appoint an adviser of some nationality which is not interested in loans to China.
An early agreement in principle between the quadripartite Governments with respect to the questions of the adviser and control of loans to China is believed by the American Government to be highly desirable for the speedy closing of the pending loan negotiations.
Department of State, Washington, February 24, 1911.
[This Document is the Property of His Britannic Majesty's Government.]
AFFAIRS OF CHINA.
CONFIDENTIAL.
18927]
No. 1.
Sir Edward Grey to Sir J. Jordan.
#
93
13346
Rec
Rs 25 PR II
[March 13.]
SECTION 2.
(No. 54.) (Telegraphic.) R.
Foreign Office, March 13, 1911. SIR F. BERTIE'S telegram No. 18 of 10th March: China loan. His Majesty's Government would have no objection to the selection of the adviser being left to the four groups.
(Repeated to Washington, No. 74, and figures to Paris, No. 85, and Berlin, No. 61.)
[1918
N -2]
May
3.0