Oct. 12, founding a National Christian Church of China. This conference] contemplates a union of all. the denominations working under} Protestant auspices. There are! those who have a wider vision but, for the present, a union of Christendom is not practical Politics and, therefore, has_no place on the agenda, The "National" church contemplated not a State church; such an institution would be impossible in China. It is to be national in the sense that it will be a Chinese church under the control Two events of outstanding importance in international relations have occurred within the [past week. One is the exchange lof advisers between the Bank of England and the Federal Reserve Bank and the other is the rise of the pound sterling to above par on the New York market, One event marks the completion! Jof the liaison of American and British capital, the other gives additional confidence in the pound sterling—if that were needed—and indicates that the period of rehabilitation is over'
Text read from the printed page and cleaned; old type leaves the occasional error.