The note reiterated the willing wes of the United States to discuss such proposals if and when they are put forward, But meanwhile, "the Government of the United States reserves all rights of the United Sattes as they exist and does not give assent to the impairment of any of those rights."
Attacking the "puppet" regimes established in China by the Japanese military authorities, the note said: "With reference to exchange control and such matters as compulsory currency circulation, tariff revision and monopolistic promotion of Japanese [lade in China, the plans and practices of the Japanese authorities imply the assumption that the Jo ese Government, or regimes established and maintained in China by Japanese armed forces, are entitled to act in China in the capacity such as flows from the rights of sover-eighty."
"These authorities disregard. and even declare non-existent, the es'b lished rights and interests of other countries in China, including the United States," the note continued. "The people and the Government of the United States could not assent to the establishment, at the instance of and for the special purposes of any third country, of any regime which would arbitrarily deprive them of their long-established rights of equal opportunity and fair treatmeht which are legally and justly theirs, along with those of other vations.
Text read from the printed page and cleaned; old type leaves the occasional error.