This collection is located on site.
This collection has no restrictions.
The Kwang Pu Chen papers consist of documents and printed materials assembled during Chen's career in banking and finance, including his negotiations for American loans (1938-1940), his affiliation with the Universal Trading Corporation (1938-1958), Foreign Trade Commission (1939-1940), Burma Road (1939-1940), Chinese Currency Stabilization Fund and the Stabilization Board of China (1939-1943), and Foreign Exchange Equalization Fund Committee (1947-1948). Other files including memoranda, diaries, and notes, printed papers, and the biography of K.P.Chen written by Chang Kia-ngau.
Arranged in original order.
You will need to make an appointment in advance to use this collection material in the Rare Book and Manuscript Library reading room. You can schedule an appointment once you've submitted your request through your Special Collections Research Account.
This collection is located on site.
This collection has no restrictions.
Reproductions may be made for research purposes. The RBML maintains ownership of the physical material only. Copyright remains with the creator and his/her heirs. The responsibility to secure copyright permission rests with the patron.
Identification of specific item; Date (if known); Kwang Pu Chen papers; Box and Folder; Rare Book and Manuscript Library, Columbia University Library.
Chinese oral history project collection, Rare Book and Manuscript Library, Columbia University. Finding Aid. This collection contains administrative information related to the project, including the interviewee files relating to his oral history interviews.
Reminiscences of Kuang-fu Ch'en, 陳光甫口述回憶錄
Ta-Chun Hsu papers; C.V. Starr East Asian Library, Columbia University.
Materials may have been added to the collection since this finding aid was prepared. Contact rbml@columbia.edu for more information.
Gift of Kwang Pu Chen, 1968.
Source of acquisition--Chen, K. P. Method of acquisition--Gift; Date of acquisition--1968. Accession number--M-68.
Columbia University Libraries, Rare Book and Manuscript Library
Cataloged Christina Hilton Fenn 07/--/89. Processed in October 2018 and finding aid updated by Yingwen Huang.
2009-06-26 File created.
2014-03-04 XML document instance created by Catherine C. Ricciardi.
2018-10-23 Finding aid updated
2019-05-20 EAD was imported spring 2019 as part of the ArchivesSpace Phase II migration.
K. P. Chen (Wade Giles: Chen, Kwang Pu, Chen, K. P.; Pinyin: Chen, Guangfu; traditional Chinese: 陳光甫; simplified Chinese: 陈光甫; original name: Huizu, 輝祖, Huide, 辉德; courtesy name: Guangfu, 光甫) was born in Jiangsu province, 1880. He is a banker, entrepreneur, finance advisor, and the founder of the Shanghai Commercial & Savings Bank and the China Travel Service. He began studying aboard in the United States in 1904 and received his B.S. from Wharton School at the University of Pennsylvania in 1909. In 1912, he was the General Manager of the Jiangsu Bank and moved headquarter of the bank to Shanghai. After he left Jiangsu Bank, he became a financial consultant to the Bank of China and became close to Chang Kia-ngau. In 1915, he founded the Shanghai Commercial & Savings Bank. In 1928, he founded the China Travel Service. During the Sino-Japanese War, he was responsible for consolidating the economy and the negotiation of American loans. In 1941, H. H. Kung appointed K.P. Chen as the Director of the Stabilization Board of China to stabilize the Chinese currency. He also held other leading financial advisor positions in various committees such the Chairman of the Cotton Control Commission, the Universal Trading Corporation, Committee of International Chamber of Commerce, Foreign Trade Commission, and Foreign Exchange Equalization Fund Committee. After the Communist occupied most of mainland China, he followed the Nationalist government to Taiwan, where he resided until his death in 1976 at the age of 96.
The subject headings listed below are found in this collection. Links below allow searches for other collections at Columbia University, through CLIO, the catalog for Columbia University Libraries, and through ArchiveGRID, a catalog that allows users to search the holdings of multiple research libraries and archives.
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Box 1 Folder 1
Box 1 Folder 2-4
Box 1 Folder 5
Mar. 13, 1936: Minister Kung's instructions and memos. Re: extension of period of payment of Flood Relief loan (1931) and Cotton and Wheat Loan (1933) and settlement of Chicago Bank and Pacific Development loans (1919)
Box 1 Folder 6-7
Box 1 Folder 6-7
Box 1 Folder 6-7
Box 1 Folder 6-7
Box 1 Folder 6-7
Box 1 Folder 6-7
Box 1 Folder 8
Box 1 Folder 9
Box 2 Folder 1
Box 2 Folder 2
Box 2 Folder 3
A loan to be secured upon the proceeds of the Government's wolfram and antimony monopolies
Aide memoire re China's needs and loan possibilities
Note on Chinese exchange policy during the war
North China currency
References: Puppet currency in North China, 1938
Box 2 Folder 4
First Loan and organizing of Universal Trading Corporation, Sept. 1938 - Jan. 1939
Box 2 Folder 5
First Loan (Woodoil Loan) contract, Feb. 8, 1939
Contract between Export-Import Bank of Washington and Universal Trading Corporation
Box 2 Folder 6
Box 2 Folder 7
Box 2 Folder 8
Contract between Bank of Washington and Universal Trading Corporation
Box 2 Folder 9
Box 2 Folder 10
Negotiations for Woodoil Loan, Sept. 9-Dec. 16, 1938
Box 2 Folder 11
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Box 2 Folder 13
Box 2 Folder 13
Sept. 17-Oct. 16, 1938: Loan negotiation including: Barter agreement, Wheat loan, Tin loan, Chinese foreign loan repayment, Cotton yarn loan
Oct. 18-Nov. 17, 1938: Loan negotiation including: Truck purchase, news re fall of Canton
Nov. 18-Dec. 15, 1938: Loan negotiation including: Concluding of Wood oil Loan, war news, Burma Road transporation
Box 2 Folder 13
Dec. 17-Dec. 31, 1938: Foreign loan repayment problem
Jan. 1-Feb. 2, 1939 Universal Trading Corporation directorship, suspension of previous foreign loan repayments, wood oil shipments
Feb. 2-Sept. 26, 1939: Loan negotiations: possibility of a political loan, additional loan on wood oil for cotton and wheat. Highway transportaion experts, UTC-orders received and shipment made, Silver in Shanghai and Tianjin
Box 2 Folder 14
Sept. 28 - Nov. 19, 1939: Loan Negotiation including: Memo on seeking for US assistance, Tin Loan and Neutrality Act, Importance ot transportation, Peace possibility
Nov. 21 - Jan. 30, 1940: Memo on Chinese tin, Chinese government reorganisation rumor, US Treasury's proposed proposed purchase of tungsten, Cash loan request, Political news and analysis
Jan. 31-Mar. 14, 1940: Export-lmport Bank's capital increase
LOAN Negotiation including: Terms of tin loan (with reference to Finnish loan), Conclusion of tin loan, UTC cargo in Haiphong and transportation, C. T. Wang's case, War news and information
Mar. 15 - May 21, 1940: Tin Loan's guarantee problems, Signig of agreement, NRC - Tin and tungsten, Mr. Chen's leaving for China
Box 3 Folder 1
May 20 -Sept. 6, 1940: UTC cargo in Haiphong, Export-Import Bank, Bank of China and private credits, T. V. Soong and new (3rd) loan, Hu Shih, Burma Road and Haiphong-Kuming Railway, Mr. Chen in Kuming, Mr. Chen's inspection of Burma Road, NRC and Miao Yun-tai and tin, Wood oil smuggling, Tungsten loan, UTC, NRC and Wah Chong
Box 3 Folder 2-3
June 28, 1944: UTC and Export-Import Bank
March 17, 1944: Capital
Nov. 6, 1943: Part in economic and financial oooperation with US
Sept. 29, 1939: Unfriendly attitude of American Chamber of Commerce in Shanghai towards UTC
June 10, 1939: Studbaker's case and UTC purchase procedure
March 24, 1942: Loan Liquidation of Wood oil Loan
April 29, 1940: Conclusion of Tin Loan
Aug. 23, 1940: Provision for improvement of tin mining
Dec. 1, 1940: Political loan - 100 million
July 11, 17, 1940 Highway Transportation Commission
PROPOSALS:
July 1940: Submitted to Generalissimo Chiang re: strengthening of Sino-American political and economic relations
July 1940: Submitted to Dr. Kung re: Foreign Trade Commission Personnel
Aug. 10, 1940: Control of essential materials
Nov. 11, 12, 1940: Inspection of Burma Road transportation
Nov. 20, 1940: Tank truck scheme
Sept. 26, 1940: Inspection of tin mines
Aug.-Sept. 1940: UTC cargoes in Haiphong
July-Oct. 1940: US need of tungsten
Box 3 Folder 4
Memoranda and information on: Tin, Tungsten, Transportation, UTC Shipments made. Proposed terms of 2nd (tin) loan
Box 3 Folder 5
Box 3 Folder 6
Loan negotiation and US attitude towards China in War
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1. Organization and personal: Foreign Trade Commission, Foo Shing, China Transportation
2. Conflicts in authorities; FTC with other institutions
3. Transportation; UTC cargo or tungoil
4. Congestion in Haiphong
Box 5 Folder 1-2
B1-From: C. T. Tung; Chambers Chow; S. C. Ting
Re: China Transporation Co.; Foo Shing
B2-From T. Y. Chang; T. K. Chao
Box 5 Folder 3
Haiphong (May 1939-1940): Transporation conditions, Transhipment statistics
Rangoon (April 1939-April 1940): Transporation conditions, Transhipment of UTC cargo
Box 5 Folder 4
Congestion of cargo in Haiphong
French attitude towards China's exports or cargo in transit
Sheaban's plan for centralized control of motor transport
Condition in Haiphong subsequent to Japanese capture of Nanning
Highways of Northwest China
Woodoil export to US under loan agreement
Transportation problem
Plans for centralizing purchase of woodoil-export trade monopolies
Transshipment from Haiphong to Rangoon
Effects of Japanese invasion of Kwangsi/Guangxi on highway transportation in South China
Indo-China Yunnan Railway and 1ta freight capacity
Sheaban's remarks regard transit and transportation to China
Burma's transit trade with China
Woodoil shipments from Indo-China
Box 5 Folder 5
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Box 6 Folder 1
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Box 6 Folder 2
Revision of Sino-American Agreement, June 25, 1943
Selling of gold to reduce note issue and Board's importace to post war international monetary cooperation, July 15, 1943
Renewal of ? winding up the Board (Letter to H. H. Kung dated July 29 for renewal attached), June 25-August 13, 1943
Chi Chao-ting's unfaithfulness, August 8, 1943
Resignation as Board's chairman, August 14, 1943
Latest news of revision negotiations, Nov. 15, 1943
British attitude towards the Board, December 7, 12, 1943
Different views of Board's relevant parties and dissolution of Board, March 10, 1944
Staff's termination pay, March 28, 1944
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Box 8 Folder 1
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Subject: purchase of silver from China with proceeds to help China to stabilize its currency
Box 8 Folder 1
Subject: additional silver purchase for gold and dollar exchange facilities
Box 8 Folder 1
Subject: a credit for $100,000,000 half for general purposes and half for stabilization arrangement
Box 8 Folder 1
Subject: stabilization agreement
Box 8 Folder 1
Subject: extension of dollar exchange facilities
Box 8 Folder 1
Subject: $500,000,000 aid
Box 8 Folder 2
Part 1: Loan Contracts
Part 2: Correspondence between K. P. Chen and P. W. Kuo
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Situation in Manchuria, War or Peace
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Meeting Chen Lifu about legislative election; Lunch with Chang Chun about aid and black market rate; Visit O.K. Yui about loan and nation's financial conditions
Box 8 Folder 6
Box 8 Folder 6
Reports on international relations and internal war situation; Discussions on questions of Chinese-owned foreign assets and pre-war bank deposits
Box 8 Folder 6
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Economic reforms being loan's pre-requisiite
Box 8 Folder 6
Knowledge, courage, and responsibility
Box 8 Folder 6
Box 8 Folder 7
Box 8 Folder 7
Transmission of Marshall's message dated Apr. 1, 1947 re terms of a US $500 million loan
Box 8 Folder 7
Reiterates Exim Bank's terms
Box 8 Folder 7
Repayment problem
Box 8 Folder 7
Past loan negotiations and Taylor's impressions
Box 8 Folder 7
A study of the proposed loan - its nature and circumstances
Box 8 Folder 7
Different schools of thoughts of how to approach the loan
Box 8 Folder 7
About Loan and UTC
Box 8 Folder 7
Marshall's attitude and lack of intelligent communications between US and Chinese governments
Box 8 Folder 7
Wang Shih-chieh 's ways of approach a US $1,000 million loan half for reconstruction and half for importing cotton and wheat anf for currency stabilisation; American politics and America's international politics
Box 8 Folder 7
Box 8 Folder 7
Proposed approaches
Box 8 Folder 7
A realistic approach would be to follow Exims. Propose uses, repayment and operation
Box 8 Folder 7
Views re the loan
Box 8 Folder 7
Proposed answers to charges ot Joint Memo to State Dept. by Amarioan business organizations
Box 8 Folder 7
Silver loan - a possible prelude to political loan
Box 8 Folder 7
From American point of view - a difficult formula
Box 8 Folder 7
Fapi and proposed new currency and its possible effects
Box 8 Folder 7
Conversation with Gimo
Box 8 Folder 7
To negotiate a US $200 million loan with Exim Bank to import American cotton
Box 8 Folder 7
Discussion covered China's exports, currency, foreign aid, technical know-how and personnel, government control and foreign investments
Box 8 Folder 7
Present problems confronting American business in North China - mostly import duties
Box 8 Folder 7
Full or oriticism but aid not impossible
Box 8 Folder 7
News of US $1.5 billion loan: Restoration or national econmy relies on political stability and early cessation of civil war
Box 8 Folder 7
Declined to be negotiator
Box 8 Folder 7
To assist Ambassador Koo on aid problem: Difficulties with supervision and repayment
Box 8 Folder 7
Tsuyee Pei to be negotiator: Internal reforms necessary
Box 8 Folder 7
Talk vith Kung-chuan-again problem of negotiator
Box 8 Folder 7
Meet Hu Shih and Holly Tong
Box 8 Folder 7
See Gimo and submit memo emphasizing immediate use of US $300 million
Box 8 Folder 7
Arthur Young's suggestions for a declaration by Chinese Government and invitation of US advisors in reforms
Box 8 Folder 7
Tsuyee Pei's technical mission to US
Box 8 Folder 7
Cold reception of Pei in Washington Marahall's indifference and need of detailed and workable programs
Box 8 Folder 7
for Pei about urgency for a stop-gap measure
Box 8 Folder 7
Administration of aid and possibilities of corruption
Box 8 Folder 7
Bullitt, Hottman and their assignment
Box 8 Folder 7
about aid administrator and effective use of aid
Box 8 Folder 7
An analysis of adequacy of the aid, right approaches and needed parallel actions
Box 8 Folder 7
Also problems of inland navigation and private enterprise
Box 8 Folder 7
As discussed in Legislative Meeting
Box 8 Folder 7
About urgency of situation in China
Box 8 Folder 8
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Scope of discussion, condition before and after reform, differences between voluntary and compulsory reform, ato problem, redemption problem and deman of cash and possible dangers of reform
Box 8 Folder 8
Essential points, conditions hereafter, price tendency and business, foreign exchange and trade, flow of capital, cost of living, and possible effects to the bank
Box 8 Folder 8
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Who wants it and why? Who are behind the GY plan? Own opinions and Gimo's speech
Box 8 Folder 8
Box 8 Folder 8
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Stability, reforms, US aid, and Hu Shih
Box 8 Folder 8
Black market, budgetory deficit, and government lowprice policy
Box 8 Folder 8
Banks being accused, importance of foreign assets to Bank and its human asset
Box 8 Folder 8
National Commercia, Chekiang and Shanghai banks; Gimo's dissatisfaction with Chekiang's report; Conversation with OK Yu and Pau po-yuan
Box 8 Folder 8
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Box 8 Folder 11
Box 8 Folder 9
Part 1 Introduction; Silver Mission; Woodoil Loan negotiation; Tin Loan negotiation.
Part 2 Fulfillment of a contract; Repayment of Woodoil Loan.
Part 3 Stabilisation Board of 1941-43; An attempt at international monetary cooperation.
Box 8 Folder 10
Box 9 Folder 1
Box 11
Also available in Microfilm (MN# 98-8006, 2 copies).
Box 9 Folder 2
Box 9 Folder 2
Box 9 Folder 2
Prepared mostly by T.C. Hsu in English and W.S. Nie in Chinese. All photocopies.
Box 9 Folder 3
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US silver policy, observations and recommendations
Box 9 Folder 3
Loan mission and woodoil proposition
Box 9 Folder 3
Woodoil loan as good precedence to second loan
Box 9 Folder 3
Expression of appreciation
Box 9 Folder 3
Lay emphasis on production increase and loan repayment
Box 9 Folder 3
Impossible for UTC to pa commission on Yungli purchases
Box 9 Folder 3
Resigned as chairman of Foreign Trade Commission
Box 9 Folder 3
Significance in enforcing Sino-American political and economic relations; Emphasis on strengthening present government trade organization
Box 9 Folder 3
Suggestion for Kung to take up chairmanship of Foreign Trade Commission
Box 9 Folder 3
Machinery for improvement of tin production
Box 9 Folder 3
Congratulation upon liquidation of woodoil loan
Box 9 Folder 3
Revision of Sino-American Stabilization Agreement of 1941 and advantages for such cooperation in future
Box 9 Folder 3
Some notes on post war financing from foreign sources
Box 9 Folder 3
UTC's work
Box 9 Folder 3
Views concerning US loan (diaries attached)
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Tsang Nai-chi's cooperation most unsatisfactory
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Measures of building up our internal economy-to improve exports, to aid textile industry and to make use of UTC's relations with Exim Bank
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Merits of T. F. Yang and C. C. Yang; Policy to be adopted; Re-registration and inaugration
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Indifferent, impractical and some even greedy
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Propose to establish a New York Liason office for Bank and E. L. Pan's joining the office
Box 9 Folder 4
Improvement of knowledge, training of personnel and knowing of environment
Box 9 Folder 4
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conversation with Nelson re: possible Sino-American cooperation in developing China's textile industry
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(Feb. 5-16--Conversations with Morgenthau Harry White, Herbert Feis, Thomas Child, Eric Johnston, etc.)
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Labor-capital unrest--an observation
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Kuomintang and communists, planned economy and Bank's service
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Proposed laws for declaration of Chinese-owned foreign assets and payment of firxed deposit by 2500 times
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UN Assembly, war situation, Chinese-owned foreign assets and prewar bank
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State Council meeting and talk with Gimo recommending Hu Shih as man for the mission
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An analysis of adequacy of aid, the right approaches and parallel actions
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National Commercia Chekiang First and Shanghai Commercial, Gimo's dissatisfaction with Chekiang
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