Aid for Chinese

Manawatu Times, Volume 63, Issue 180, 2 August 1938, Page 2

Aid for Chinese

FINANCE AND ECONOMICS LONDON, July 25. 4 'China does not expect military assistance, but is at least entitled not to be deprived of financial aid, merely because she is the victim of aggression.” Thus Lord Lytton, who was chairman of the League of Nations mission to Manchuria m 1932, writes in a letter to the Times. “Are we to refuse assistance,” asks Lord Lytton, 1 1 merely because China is fighting for her life against a military invasion? 1 ‘ Anglo-Chiaese financial and economic collaboration serves not only Chinese interests, but also our own. It is a British interest of a very material kind that the stability of Chinese currency |be maintained.” i ANOTHER OPINION JAPAN’S HANDICAP LONDON, July 25. “It is obviously probable that China can win without being propped up/* writes Owen Lattimore in the Atlantic Monthly, under the heading “Rising Sun, Falling Profits.” “It is certain that, Japan cannot puli through without a heavy investment of Britisii and American industrial .resources. Materials and credits from Italy or Germany cannot swing it. “British and American investments in Japan-controlled China, like similar investments in Japan, Korea and Manchuria, would be used to strengthen Japanese competition against Britain and America outside the Japanese Empire.”