1939-03-06 — Page 11

THE CHINA MAIL, MARCH 6, 1989

ANOTHER BRITISH LOAN IMMINENT Anglo-American WEDDED BLISS

Pressure On

Japan

London, To-day. The "Daily Telegraph's" diplomatic correspondent states that with the war in Spain rapidly ap- proaching a close, British ministerial attention has been turned in the past week to means of hastening to an end the Sino-Japanese conflict. This undoubtedly is the true light in which to read the news that a British loan in support of Chin- ese currency is imminent.

RECIPE

Don't be afraid to get married. Don't be afraid to put into the marriage all you can.

Don't ever make your husband feel that he comes second to the children.

Look to your Bible for all those serious qualities which maintain a man's respect and devotion to the end of his life.

This recipe for happy marriage. was given by Mrs Helena Nor- manton, the woman barrister, in a lunch-hour address to Business girla at Christ Church, Westmin ster.

It is understood that the sum contemplated is be- decisions.

tween three to five millions sterling.

By

a technical arrangement The need to husband currency which has been worked out, it is reserves most prudently in these calculated that this amount will circumstances has been greatly in- suffice to fortify the currency creasing China's difficulties, in ob- against the efforts which Japan is taining essential supplies if equip making to undermine it.

ment with which to continue and intensify resistance.

HALF MILLION DONATED TO OFFER GOLD FUND

Chungking, To-day.

The eighth day of the New Life Movement Offer Gold Campaign -yesterday-created an all-time high when the coffers were swelled by well over half a million dollars.

SPECIAL LEGISLATION Special legislation must probably be passed before this new British step can become effective but the necessary Government action is now imminent.

:

This follows on the final passage of the Exports Credits Bill last week, through which China will also benefit since she will be en- abled to make important purchases from Britain of lorries and other equipment.

ANGLO-US. SURVEY

Consideration has also been given în-recent weeks both in Lon- don and Washington to a direct means of bringing pressure to bear on Japan in the strictly economic field.

Excitement ran high as one large It would lie within the power donation after another was announc-of Britain, the United States and ed. When the last donation was Holland, for example, to place great made, Madame Chiang Kai-shek, obstacles in the way of Japan ob- who was in charge of the stand, tainging certain supplies essential to was able to announce a grand total the intensive-prosecution of the war. of $632,359.82.

BRITISH FUNDS

The magnificent result included many big donations- by

A different method of employing various government organs and individual British funds had now been devis- leaders, headed by one of $150,000 ed. The fact that the British from the Ministry of Finance and ernment is now preparing thế nh another of $40,000 from the Mili-tive steps in the Far East, follow- tary Affairs Commission.,

ing -on the £5,800,000 American The Soong family, including the credit to China in December, re- three sisters of Madames Kung,

flects the more confident spirit în Sun and Chiang, and the

which the British Government is fac- three brothers, Mr. T. V. Soong, T. Ling the war problems which still

Soong and Mr. T. A. Soong, gave *$100,000.

No sooner was the gift made known, than it was announced that Dr. Kung, Minister of Finance, had given $50,000,

Yesterday's meeting was dont lour by the personal presence Generalissimo Chiang Kai-shek.

beset the world.

In brief, Britain with the col laboration with other friendly Pow- era is now engaged in, an attempt to compel the aggressively minded nations to keep the pence and is cousing her great financial resources

of primarily to that end.

General Chiang pointed to the wonderful part Chinese women have been playing in the present war and on behalf of the rank and file, thanked the gathering for their heartening support.

· The Generalissimo's address was followed by a short address by Mn dame, Chiang-Contral News.

It would not be difficult to re- strict the markets for certain essential Japanese exports in which case n full agreement throughout the British Commonwealth would be necessary and the action might take longer to become effective.

VARIOUS ASPECTS Various aspects of this problem have lately been under expert re- view in London, wit

vlow

AMERICA MAY

BUY UP LARGE RUBBER STOCKS

London, To-day. The Financial Times" repro- duces American reports that the War Department and American market: Interests have been con- versing on the advisability of keeping a larger stock of rubber in the country.”

The exchange of views-un- doubtedly arises from the project- ed législation to spend a hundred million dollars. In the next four years on important raw materials, providing Government with the re-build up a reserve stock of between The object appears to be to quisite data whereon to base their 200,000 and 800,000 tons of rubber. Proposal for a loan to China was ported to have been tentative and The discussion hithertò is re under Cabinet consideration in July, hypothetical, but if the policy is but was rejected then in the be eventually carried out, it is sug“. lief that there was insufficient jus- gested in London that the co- tication for a step which might operation of the International Rub- then have been regarded by Japan ber Committee would be sought in- as unfriendly at a moment when order to maintain market steadi- a major crisis in Europe was ab- viously developing-Reuter.

London, To-day,

Late editions of the "Daily Telegraph" durtail (presum- ably on account of pressure on space) its article by their diplomatic correspon- 'dent cabled earlier.

The revised version that the sum of £20,0

,000

ness. Reuter.

was the amount contemplat- ed when the Cabinet consider- ed a loan to China in July and does not relate the pass- age about the recent con- sideration of the issues by London and Washington. Reuter.

THE SPIRIT OF TRADITION!

Panjal facus-a parade of thorough.

men, women and horgan

foot walon which is en seiential

character.

the English, life and

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