Mr. IK, P, Chen, who negotiated the Morgenthau-Chen silver agreement, arrived in Shanghai on July 11 on board the s. Potsdam. "He was accompanied by Dr. P. W. Kuo, director of the Bureau of Foreign Trade of the Ministry of Industries. The latter willingly talked to news-baper reporters, but the former confined himself to a written statement upon his arrival, The statement follows:
"The Chinese Monetary Mission Washington representing the Ministry of Finance was charged with the task of "conferring with the officials of the U.S, Department of Treasury regarding the possibility of ce-operation between the two governments toward the solution of monetary problems of mutual interest. Soon after our arrival in Wa: ington we entered into conversations with Secretary Morgenthau and his colleagues who extended to us every courtesy and conferred with us in spirit of sympathetic understanding and ce-operation,
Text read from the printed page and cleaned; old type leaves the occasional error.