FRENCH COMMENT ON POOLING OF RESOURCES
(SPECIAL TO "CHINA MAIL”)
Paris, To-day. THE NEW ANGLO-FRENCH economic and finan- cial agreement will be applied during the whole of the war and six months afterwards, declared M. Paul Reynaud, the Finance Minister, to the press yesterday.
"The agreement." M. Revnaud declared. corres- ponds in the financial and economic fields to the progress achieved in the military field by the in- stitution of unity of command.
"It is a pooling of the energies of the two peoples for victory."
A shinning pool is also announced. An official communique in con- nexion with the new Anglo-French agreement says complete agreement was reached for the re-establishment of Anglo-French monetary solidarity.
It was recognised it was in the the common interest to suspend for the duration of the war madl- fications of the present parity be- tween the franc and Sterling.
CONSTANT CONTACT Each country will be granted facili- ties to supply itself with the currency of the other country and to use it freely, according to the terms of the agreement.
ance
M. Reynaud, the French Fin- Minister. and Sir John Simon, the British Chancellor of the Exchequer, also decided on the proportion in which certain
PRACTICAL GIFTS FOR
·AT
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common expenses will be shared. The British and French Treasuries will keep in constant close contact, and frequent meetings will be held for discussion of technical questions. --Havas.
NAZI STEEL SHORTAGE
(SPECIAL TO "CHINA MAIL") Amsterdam, To-day. German steel and Iron works have refused Dutch orders for machinery.
The decision is taken to indicate the extreme shortage of essential raw materials, as Germany previously was eager to maintain exports to neigh- bouring countries, this commerce be- ing her only source of foreign cur- rency. Havas.
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THE CHINA MAIL, DECEMBER 13, 1939
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Kwong Chow Wan, To-day. Chinese aircraft raided the Ja- panese near Nanning and around Yamchowfu yesterday.
This is the first time Chinese aircraft have been reported in the Nanning region,
The reports add that the Chinese planes bombed the Japanese post- tions with considerable success.
The situation north of Nanning is unchanged with occasional skirmishes between Japanese and Chinese patrols. Our Qwn Cor- respondent.
Paris, To-day.
A report from a high Nazi source on the Swiss-German frontier states that in order to hide the fact that Elser (arrested for al- leged complicity in the Munich bomb plot) was at Dauchau con- until centration camp from 1937 after the Munich explosion, the Gestapo executed three of Elser's companions in the camp, Peters, Becker and Stetoseld.
They are reported to have shar- ed a cell with Elser and were his closest friends in the camp.
They were executed on Dec. 5 after refusing to sign a statement declaring they had never met El- ser and that no-one of that name had ever been in the camp.
It is recalled that German news- papers on Dec. 7 published an of- ficial statement that the three men were executed for treason.- Reuter.
Paris, To-day.
The French Minister of Mer- chant Marine states that a com-
plete Franco-British transport and plan will be worked out, the authorities will see that all of needs are supplied in order emergency.-Reuter.
Chungking, To-day. Sweeping successes are claimed for Chinese troops in simultane- ous counter-offensives yesterday in north Hunan, south Hupeh and north Kiangsi, according to mili- tary advices.
on
In north Hunan, the Chinese recaptured strategic points the outer defence lines of Yoyang (Yochow), and are closing in on Yoyang.-Central News,
London, To-day-
The British collier Marwick. Head (496 tons). was sunk by a mine off the East Coast of Eng- land.on Tuesday. Six of the crew are missing. The remaining five, Including the Master, are in hos- pital.-Router.
London, To-day. The French
that radio states following wholesale executions in Pomorze (Poland), the Gestapo have turned. their attention to the district of Poznan, 'where 5,000 have been executed.-Reuter.
Stockholm, To-day.
More Russians are reported to than are be freezing to death killed by the Finns, while the number of Russian deserters is increasing.-Reuter.
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