Excerpt from The Consortium: The Official Text of the Four-Power Agreement for a Loan to China and Relevant Documents Finally I tice that in his answer to the American bankers' letter Mr. Lansing states that the United States Government would be opposed to any terms or conditions of a loan which sought to impair the political control of China or lessened the sovereign rights of that Republic. His Majesty's Government presume that in making this statement the Secretary of State did t mean to imply that the United States Government would t entertain favorably any loan scheme submitted for their approval by the American Group which provided for foreign control of the collection of the revenues earmarked as security for the loan, such as exists in the case of the loans secured on the Chinese Maritime Customs Revenues and on the Salt Gabelle. Similarly His Majesty's Government conclude that the United States Government would t consider, for example, the appointment under the terms of a currency reform loan of a foreign adviser to supervise the introduction of currency reforms in China as an infringement of that country's sovereign rights. I venture to suggest that the favorable consideration of the American pro posal would be facilitated if His Majesty's Government and the other Governments concerned could be reassured as to the pre cise intentions of the United States Government in this matter. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.