Viewed With Gravest Concern in London
TOKIO BELIEVES BRITAIN HAS CAPITULATED Received Sunday, 8.40 p.m. LONDON, July 23. Reports believed to be correct that Britain, under pressure by Japan, is withdrawing her support from the Chinese dollar are viewed with the gravest concern by influential city circles, as so long as the Chinese currency is stable Japan will be unable to consolidate her victories. The Financial News cites the opinions of city businessmen and Commoners experienced in Far Eastern trade that, unless a water-tight Anglo- Japanese agreement is concluded, the entire Chinese trade is likely to fall into Japan’s hands after the collapse of the Chinese currency. The sharp rise in the Japanese Bourse reveals that Tokio has no doubt that Britain has capitulated, enabling a decisive drive to victory in China.
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Manawatu Times, Volume 64, Issue 172, 24 July 1939, Page 7
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132Viewed With Gravest Concern in London Manawatu Times, Volume 64, Issue 172, 24 July 1939, Page 7
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