FAR EAST PROBLEMS

New Zealand Herald, Volume LXX, Issue 21578, 24 August 1933, Page 9

FAR EAST PROBLEMS

FUTURE OF MANCHURIA IMBROGLIO PREDICTED BANFF. Aug. 28 According to statements made to-dav at the conference of the Institute of Pacific Relations, the majority ot tho Japanese people hope for Manchuria as a buffer State between China, Russia 'and Japan. One spokesman declared there was no thought of annexation. The Chinese spokesman, on the other hand, said it was only a matter of time before Russia would become involved in a Manchurian imbroglio. He said he was convinced that Russia would_ not stand by and accept the present situation. Also he challenged Japan s ability to develop Manchuria, as tho pressure of the Chinese population would be too great.

FINANCES OF CHINA

FOREIGN LOANS REQUIRED DEFAULTS CREATE DIFFICULTY BANFF. Aur. 22" The financial reorganisation of China came before one of the conference groups. Statements were made tnafi China requires loans from abroad to brine about reorganisation that will lead to stability. The failure, howeret, of China to meet her payments on important foreign loans had prejudiced her position as a Power. The League of Nations was said to have been in consultation with China on the matter of her need of T oie^ capital, and has been attemoting to ■work out a formula that, will China to obtain money from VVeat<Wß? nation** i -