The committee on loans then is faced not only with the problem of forcing the Government to re-
Dut also with the task of bringing such] pressure to bear on the officials, that there will be no interference With the security which is set aside Ro: for the loans. "Thus far, with regard to the loans under' the wegis of Sinking Fund Trustees, there has been no official interference. If that is an example of the current official mind, there is hope for the re-establishment of China's credit, But the bankers now depend entire:
upon the present Minister of nee, who goes to Nanking to fight. their battles.
More than that is required. The Nationalist Government—should guarantee the bankers that economi order will be restored by enact fute law the recommendations of the committee of the Economic Conference. This will be dificult Decause it will involve the brea! bankers are prepared to ports which will be fundamentally There is every reason to re that Mr, port them, But will money fight. miitarsm' in China? That was! the great question alked everywhere in varying ways when I made the foregoing survey of public opinion.
Text read from the printed page and cleaned; old type leaves the occasional error.