1938-12-17 — Page 24

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!

GRAND DUKE

AMERICA'S

DENIES GERMAN LOAN DEALINGS INTRIGUE STORY WITH CHINA

Paris, To-day.

Washington, To-day. The

Reconstruction Finance Grand Duke Vladimir, pretender that the Export and Import Corporation yesterday announced to the Throne of Russia, has issued Bank had authorised a credit of an emphatic denial of the report | U.S.$25,000,000 (£5,000,000) to the Universal Trading Corpora- that Hitler was to persuade him to tion for the purchase of Ameri- become the Fuehrer of the can -farm goods and

Ukraine..

L

The Grand Duke declared: "I am astonished to see my name con- nected with the question of nego- tiations concerning the Ukraine.

"It is true I am going to Ger- many but only to stay for Christ- mas and the New Year with my sister at Amorbach."

NEVER ASKED Another, statement issued on his behalf denies that the visit is in any way political.

The statement says that the Grand Duke has never been asked, directly or indirectly, to lend his act aimed at name to a political dismemberment of the Russian Empire.

The Grand Duke, the statement concludes, would never approve

Reuter. plans of this nature.

factures for China.

manu-

The loan, which is guaranteed by will the Central Bank of China, mature in five years.

A large part of the loan will be devoted to the purchase of gasoline

motor-trucks, according and members of the Chinese mission to the United States.

DISBURSED AS NEEDED

to

the

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Jerusalem, To-day. British troops, supported by air- craft, carried out extensive search operations in Samaria yes- terday. Five villages were rounded and combed and a num- One ber of suspects detained. British soldier was killed and four injured when a land mine explod- ed under a British military truck near Nablus.--Reuter.

London, To-day. In a talk with ex-King Alfonso's secretary over the continental "Will telephone, Reuter asked: the King return to Spain should he receive confirmation of the Bur- gos decree?"

"Of course, but he hasn't been asked yet," was the reply.-Reu- ter.

Mr. Jesse Jones, chairman of the Reconstruction Einance Corporation, said that the proceeds of the loan would be used for financing exportation of United States agricul- tural and manufactured products|| to China and for the importation of made in 1934, only $17,104,000 had wood oil from China.

disburse- been used. Total actual Referring to the loan, Mr. Jones ments to China for loans since 1931 said that funds would be disbursed had been $27,051,000, of which with as needed.

$14,420,000 had been repaid He added that of the U.S.$50,000,- the remainder being paid as matur- 000 loan authorisation China, ed.-Reuter.

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As if inspiredly explaining the Tientsin situation, the Ja- "Shanghai panese newspaper Nippo" declared yesterday: “As not the opportune time has yet arrived, and as the provi- sional government has not en- ough power to solve the pro- blem of the foreign Settle- ments in Tientsin, the author- ities have decided to liquidate the Settlements gradually by effective application of regula- tions already adopted to con- trol foreign exchange funds, by evacuating Japanese and by sundry other means to les- sen the prosperity of the Set- tlements."-Reuter.

London, To-day. An address was delivered by Lord Baldwin yesterday in which he stressed the integrity and courage, both physical and moral, of the late Chancellor of the Exchequer, when a bronze. bust of the late Viscount Snowden was unveiled at the Treasury. Reuter.

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Athens, To-day. The police state that they have arrested 46 Communists in Athens.. They add that a large number of Communist propaganda leaflets and printing machines were seiż- ed. Reuter.

Rome, To-day. Seven were killed when an Ita- lian military plane crashed near- Rimini yesterday.-Reuter.

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