1938-12-09 — Page 2

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THE CHINA MAIL, DECEMBER 9, 1938

HINT OF BRITISH FINANCIAL

ASSISTANCE TO CHINA New Provisions In Export Credits Bill Scope Enlarged To Include Political Credits

London, To-day.

The text of the Export Credits Guarantees Bill shows that the Government have had within a year to increase the statutory levies of their guarantees under the export credits guarantee scheme from £50,000,000 to £75,000,000.

This reflects the increased use exporters are mak-

ing of the scheme.

The Bill empowers the Board of Trade, without necessarily consult- ing the advisory committee on ex- port credits, to cover the export of goods

which on conditions. are not strictly on a commercial basis but which, from the national viewpoint, are well worth doing.

Under this proposal, war muni- tions could be obtained if the guar- antees are satisfactory.

Government commitments under this proposal are limited to £10,- 000,000.

POLITICAL REASONS Under the present scheme it is contemplated that assistance be given to a large number of small transactions.

It is understood that cases to be covered will be those where rea-

DAUGHTER FOR FRENCH PRETENDER

Brussels, Dec. 4.

A fifth child has been born to the Count and Countess of Paris, pretenders to the French throne, to-day, it was an- nounced from the Nanoir d'Anjou.

The child, a girl, will be christened Princess Ann of France.-Havas.

$1

A SAFE MOUNT. "Splinters is the name appropriately given The to this wooden rocking horse at a Caerleon, Monmouthshire, action provides the learner with m any of the necessary points in the would-be rider finds a safe mount. first stages of horsemanship. A

JAPANESE BIAS BAY ACTIVITY

ar-

Several Japanese gunboats rived yesterday afternoon off Tai- pungshing in Bias Bay.

Taipungshing was previously oc- cupied by Japanese forces who abandoned it, simultaneously with the withdrawal of the troops from Shumchun.

CHINA AND LORD PLYMOUTH

Chungking, To-day.

The Far Eastern debate in the House of Lords on Tuesday and also the reply made by Lord Ply- mouth, one of the Under-Secre- taries for Foreign Affairs, are given prominence in the Chinese press under banner headlines.

sons for granting a guarantee are lities by traders is shown by the fact that the yearly total has risen more political than commercial.

Since 1926, when the present from £7,506,000 in 1933/34 to £42,-]

A number of Japanese trans- The "Ta Kung Pao," influential guarantee scheme came into force, 940,000 in 1937/38. the total value of contracts, po- The guarantees given do not ports, are also stated to be moving daily, in a leading article entitled. licies and guarantees issued by the cost the taxpayer anything, as the into Taipung Harbour, and it is "The Time Has Come," declares: Exports Credits Department, ex-premiums received exceeded total supposed that they will land troops ceeded £180,000,000.

claims paid and administrative ex-again at Taipungshing and possi- TAXPAYER NOT INVOLVED penses throughout the period.bly re-occupy abandoned areas

the Mirs Bay region. The increasing use of these faci- Reuter.

xakta

Thagen

"It is now time for the British Government to re-examine the in situation in the Far East in the light of the last year's develop- ments, and to fix its Far Eastern policy.

"If Great Britain will collaborate with the United States and uphold the Nine-Power Treaty, the Far Eastern situation will take a new turn.

"To further tolerate Japan's ag- gression in China is to meet fur- ther disaster. Great Britain must help China in order to protect Bri.. tish interests in the Far East." Reuter.

HELMUTNOCHT

ST. GEORGE'S BUILDING

7. CHATER ROAD.

:

MEMORIAL TO EARL OXFORD

London, To-day.

A motion for erection of a mem- orial within the precincts of Par- liament to the late Earl of Oxford and Asquith will be moved by the Premier in the Commons next Thursday.

British Wireless.

HOME AGAIN

London, To-day.

Large crowds gathered at. Vic- toria Station last night; to welcome 800 members of the International Brigade who have been fighting on the side of the Spanish Government. Labour leaders, including Mr. C. R. Attlee, leader of the parlia- among mentary opposition,・・ were those present at the station Reuter,