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8
Before signing the Minutes Mr. Simon stated that a difficulty had arisen with regard to the correct interpretation to be placed on Clause 16 which the Russian and Japanese Governments considered might be held to imply the granting of a monopoly or quasi monopoly to the signatories of the Currency Loan Agreement. In order to obviate such a difficulty, should it arise, the Groups would be prepared to agree to any reasonable interpretation which Russia and/or Japan might suggest provided it did not involve or imply the recognition of a preferential position in Manchuria to either or both of these Governments.
H. P. DAVISON.
E. C. GRENFELL.
C. MELCHIOR,
WILLARD STRAIGHT.
For the American Group.
C. S. ADDIS.
E. G. HILLIER.
For the Hongkong & Shanghai Banking Corporation Ltd.
FR. URBIG.
C. ERICH.
E. REHDERS.
H. CORDES.
For the Deutsch-Asiatische Bank.
ST. SIMON.
For the Banque de l'Indo-Chine.
Draft
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