693.0031 Tibet/9–2748

Memorandum of Telephone Conversation by the Assistant Chief of the Division of Chinese Affairs (Freeman)

Subject: Request of the Tibetan Trade Mission for a Loan to Purchase Gold

I telephoned Mr. Tsui at the Chinese Embassy today and referred to his previous conversation with Mr. Sprouse on the above subject at which time Mr. Sprouse informed him that no request for such a loan liad been received from the Tibetan Trade Mission. I informed Mr. Tsui that, at some time subsequent to his conversation with Mr. Sprouse, a communication from the Tibetan Trade Mission was in fact received requesting a loan from the U. S. Government for the purpose of purchasing gold to be used for currency stabilization in Tibet. I further informed Mr. Tsui that a reply had now been transmitted to the Tibetan Trade Mission in New York stating that the U. S. Government does not have funds available for this purpose.

Mr. Tsui thanked me for this information and indicated that he would transmit it to his government in Nanking.