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have recently guaranteed a fund of £5 million for
stabilising the Chinese currency and they are prepared
to give export credit facilities in suitable cases to
the extent of some £3 million.
If a European war broke out while the Sino-Japanese
conflict was still in progress our actions in the
Far East would depend on the attitude adopted by Japan.
So long as she was neutral we should presumably want
to keep her so, but if Japan became a declared enemy
our arrangements with the Chinese Government would
probably be limited to supplying a certain amount of
money and munitions in return for which we should want
a labour corps and some raw materials.
arrangements could only be made in the light of the
conditions existing at the time and it would be useless
to enter into a detailed discussi
Such
of the subject now.
rend
Action (cont.) Despatch to Paris
No. 892 of 14.4.39.
ليسه
28th March 1939.
28/19
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