CO129-523-12 Currency situation 17-2-1930 - 9-7-1930 — Page 43

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In these circumstances, the Chinese Minister is

in

instructed to request that the Indian Government,

disposing its surplus silver, have regard for the difficult

situation now existing in China. Specifically, the Chinese

Government hope that sales of silver be not made when the

London price is lower than twenty-two pence nor when the

price has fallen by more than one per cent in the month

preceding a given time. The Chinese Government would

greatly appreciate the friendly co-operation of competent

British authorities in this matter which is of such urgent

and vital importance to the Chinese people.

Chinese Legation,

London, W.1.

May 28th, 1930.