ECONOMIC CRISIS

Evening Post, Volume CXXXVI, Issue 65, 14 September 1943, Page 6

ECONOMIC CRISIS

SURVIVED BY CHINA ■ CHUNGKING; September 13. China has successfully passed the economic crisis-and will be able to survive the coming two years' continued resistance to; the Japanese, Generalissimo Chiang Kai-shek declared at the opening of the eleventh plenary session of the Kuomintang Executive Committee. He added that bountiful harvests and increased cotton production this year would assure sufficient food and clothing for the army and civilians. American monetary assistance was helping China to uphold her currency, stabilise her prices, aria check inflation. The Generalissimo said that when war conditions permit the Kuomintang should hand over the Government to the people, introduce constitutional rule, and assume < ari equal legal footing, with the other parties. ' .".■•■■-■. At a later stage the committee decided to convene a national people's congress within a year after the war, to adopt a Constitution and inaugurate a constitutional Chinese Government. The Central Chinese news agency reported that Japanese and Chinese puppet troops clashed with Outer Mongolian forces at Kailinho, 40 miles inside the border of Outer Mongolia, 190 .miles north of Paotpw. Japanese and puppet troops froni Inner Mongolia rushed to the scene. t; The United Press of America points out that Marshal Stalin is pledged to defend Outer Mongolia.