1939-08-22 — Page 1

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CHINA

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No. 30,766

TUESDAY, AUGUST 22, 1939

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Australia's Choicest

BUTTER

SOVIET SHOCKS INCREASE OF

DEMOCRACIES

SEE PAGE 11

SOVIET-GERMAN PACT

TENSION

SEE PAGE 7

JAPAN WILL NOT BE TOO PLEASED WITH SITUATION ONLY THE BEGINNING QUIET ON

CHINESE CURRENCY DISCUSSION

The "China Mail" is in- formed that every effort is being made to stabilise the Chinese currency, and that

OF MORE IMPORTANT THE BORDER there is hope that the efforts

DEVELOPMENTS?

Berlin, To-day.

will be successful. According to Mr. F. E. Mr. Cyril Rodgers, finance expert Booker, Assistant Super-of the Bank of England and Chair- intendent

of Police, New man of the Anglo-Chinese Stabilisa- tion Committee, is still in the Colony Territories, the situation conferring with leading Chinese fin- along the border is calm and ancial experts. quiet.

were denied.

BERLINERS RUBBED THEIR EYES twice when they read the announcement of the impending conclusion of a

Nothing has yet been decided, but non-aggression pact with the Soviet in special editions

suggestions and proposals are being of this morning's newspapers.

Reports that the Japanese are carefully discussed and studied.

A leading Chinese bank- official Surprise at this sudden development in relations between moving up big guns along the border

stated this morning that there was Nazi Germany and Bolshevist Russia is not disguised. The movements of the Japanese hope that the Chinese currency would

soon be stabinilised. The newspapers carry the announcement in the big-troops cannot be ascertained, accord- gest possible type, but hitherto without comment. The negotiations had been kept an exceedingly close secret and were presumably known only to a few high officials, since there is not one Wilhelmstrasse spokesman who does not profess the "greatest surprise."

ing to both Police and military

sources.

The narrow frontier road from been

the

Shataukok to Sheungshui has Press, by the Military authorities. closed to the public, including

Japanese troops which landed from

Foreign political circles regard the with Japan is awaited with great in-transports yesterday morning have all move as a tremendous success for terest. Germany, completely changing the political situation in Europe.

Perhaps, they add, it is only the beginning of more important de- velopments.

NONE TOO PLEASED The effect on Germany's relations

It is thought that Japan will probably not be too pleased with the rapprochement between Ber- In and Moscow, as she had no doubt counted on closer relationa with the Nazis at the expense of Russia. Reuter.

CHINESE BANKS ORDERED TO

MOVE TO YUNNANFU

(Exclusive To The "China Mail")

The head offices of four hostilities in 1937.

Chinese Government banks, orders for the removal of

The "China Mail" understands that.

the four issued by

have received orders from banks to Kunming were Chungking to remove to Dr. H. H. Kung, China's Finance Kunming as soon as possible. Minister, and endorsed personally by

Generalissimo Chiang Kai-shek. The financial organisations tial that the head offices of the banks It is pointed out that it is essen- are the Central Bank of be transferred to Kunming, which, China, The Agricultural and now connected with Burma by high-

become the Industrial Bank of China, way, has

gateway of The Bank of China Limited, ern nations.

commerce and industry with the west-

and the Bank of Communica- tions:

The "China Mall" learns that the banks concerned have yet -made arrangements to remove to the capi- The head offices of these four Gov-tal of Yunnan Province, and that they ernment controlled banks were are opposed to the suggestion. formerly in Shanghai, but transferred. If they do comply with the order, their offices to Hong Kong following removal will take place within the outbreak of the Sino-Japanese | months' time.

moved up to the border on the Chin- ese side.

The Officer Commanding the Troops, Major-General A. E. Grassett, per- sonally inspected the border yesterday, following, which he ordered the fron- tier path to be closed.

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