1939-01-26 — Page 10

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DB 1782-Waltz in E (Moszowski)

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Ania Dorfmann.

•

THE CHINA MAIL, JANUARY 26, 1939,

The China Mail Ninety-Third Year of Publication

3A Wyndham Street, Hong Kong.

Telephone 20022

London Office:

7, Garrick Street, London, W.C.2

Notice To Contributors. All communications intended for publication should be addressed to the Editor, and be accompanied by the Writer's Name and Address, not necessarily for insertion but as a guarantee of good faith.

Subscription Rates.

3 Months

6 Months

One Year

over

given a free hand by any means. Following the long struggle be- tween the Foreign Office and War Office, which brought about the resignation of two Foreign Min- isters in succession, the War Office plan for the creation of a Central China organ (officially called the Toain) has been adopt- ed. This Toain is to take the direction of all Japanese affairs in China save diplomatic. The qualification is vague and presents many problems. Just what is "diplomatic" and what is not, in one nation's relations with another? Mr. Hedges ventures the opinion that the Tokyo For- eign Office will find that it has no hand in China policy of any sort, perhaps not even the ap- pointment of a diplomat as am- bassador to the "New China," as is the case in Manchukuo.

+

The Toain is to supervise the H.K$ 9.00

political reconstruction of China H.K.$18.00

and the development of its econo- HK$36.00 ̄|mic resources. But the Tokyo

Postage. Abroad. Extra

Hong Kong, Thursday, Jan. 26, 1939.

NEW ORDER IN EAST ASIA?

Government is not filling the executive posts on the Toain with statesmen and financiers, but with retired generals and ad- mirals of Japan's fighting ser- vices. That, of course, renders it doubly interesting to see how they set about accomplishing this giant's work placed in their hands.

Frank expression of views on

It seems probable, says Mr. the war situation as seen from in- Hedges, that the hardest nut they side Tokyo are so rare that spe-will find to crack is that of fin- cial interest and importance at-ancing their grandiose schemes. taches to an article contributed Japan, has never been a wealthy to the London "Daily Telegraph" country, and hostilities are drain- by Mr. F. H. Hedges, who hasing her reserves rapidly. As long been, for some years, their cor-as war goes on there is little respondent in Tokyo. Mr. Hedges doubt but that Tokyo can ade- sets himself out to present a pic- quately finance it, but the real ture of what Japan finds herself test will come when peace re- confronted with in China at the turns, Japan; will find it neces- year's end finds ample cause for sary to raise huge sums, not only the mood of desperation. which for reconstruction in China but marks the recent activities of for replenishment and · recon- the military clique.

struction in the homeland, while

As he points out, Chiang Kai-the financial burden of “indepen- shek is still far from being dent Manchukuo" will not be les- "done," and when he says that sened..

"war has just begun," it is not Internal loans and increased idle rhetoric. The Japanese Gen-taxation cannot raise the needed eral Staff, the Japanese Govern-money, so that Tokyo will have ment and the more intelligent to look abroad, and it will be a dis- section of the Japanese public are|couraging outlook. Even if they fully aware of this and know the were willing neither of Japan's task that lies ahead of them. semi-allies in Europe is in a posi- Nevertheless the Government in tion to finance Japan in China. Tokyo has begun to set about Both Italy and Germany are more the "reconstruction" of China in the position of borrowers than and the "new order in East Asia" of lenders. Where, then, can. and to pass on its aims to the Japan turn?

public in the form of a slogan. It scarcely needs to be stress- Such reconstruction as has al-led that there are only two great ready taken place makes no great money marts in the world to-day, In Peiping and in or that Tokyo can scarcely ex- showing. Nanking provisional and renova-pect London and New York to tion Governments have been set hasten to offer it the millions up, whilst in the north-west a needed for the economic develop- Ania Dorfmann.third Government has been es- ment of China under Japanese tablished, with the Mongol Prince direction. The Japanese. Govern- Friedman. Teh at its head. It co-operates ment has repeatedly pledged it- none too well with the new Pei- self to respect the rights and in- Friedman.

ping and Nanking regimes; al-terests of third Powers in China Kitain

though they have created a Joint-yet these same third Powers Commission which they hope have watched those rights and will be the foundation for a new interests trampled upon with Central Government to be offi- every advance of the Japanese cially recognised by Tokyo.. Army. There is no reason to be- But, says Mr. Hedges, difficult lieve that the pound sterling or as the political reconstruction of the American dollar is anxious to China along made-in-Japan lines venture into such a field. Both may prove, the economic recon-would naturally show the same struction presents a still greater reluctance toward à Japan-con- and more hazardous obstacle. A trolled China that they have North China Development Com- shown toward a Japan-controlled pany, and a Central China De Manchukuo.

Ania Dorfmann. Ania Dorfmann.

Ania Dorfmann.

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velopment Company have been Meantime, Tokyo continues to organised, with the capital fully form its plans for "Long-Term subscribed, though it is not Reconstruction" of the New known what percentage has China. But it can be confidently actually been paid up. These two stated that Japan will find the parent companies, with appro-political, cultural and economic in- priate subsidiaries, are to under-reconstruction of China an take the gigantic task of the finitely greater undertaking than economic development of all that the armed conquest of that na- part of China under Japanese tion-and that itself is far from Idominance, but they are not being accomplished.