The -possibility that the United States will join other countries and extend large silver loan to Chi has greatly interested bankers as financiers as, in their opinion, not only China but the United States will benefit from such a loan, since China is a potential consumer of the wheat. surplus of the United States-and Canada, Bankers emphasize, however, that a publicly offered Chinese loan is Completely' out of the question and that it, will have to take the form of international government credit meeting its obligations. The general sentiment is that all foreign govern ments interested in trade with the Bar East should study measures for "Otherwise, the market for foreign products in-China will run the risk' of being completely destroyed.
Newspapers in Paris are com: menting freely on the Canadian project, independent of the United States, of a credit of $1,000,000,000 for China, with a view to improving: commerce. The papers are equally interested in information from American sources and coming from Washington, according to which the Senate's committee charged with examining the falling off of the Sino-'American trade would recommend an international loan in silver money it order to stabilize the metal.
The French press is favourably disposed to the projected scheme of international collaboration to carry out important works in China. The press hopes that President Hoover will move in this respect, as well as all the countries interested, particularly Great Britain in view of the modification in the money standard of India—a. Rut
Text read from the printed page and cleaned; old type leaves the occasional error.