The Archive · 1931

PAUL MONROE'S PLAN

Adjustment of European War Debts to Help in China's Recovery

Nanking, Feb. 1.

A plan for the improvement of economic conditions in China has} been drawn up by Professor Paul Monroe of Columbia University, New York, who is at present in China, It involves the advance to China of materials and funds by Germany as a means of opening up a large market for the country to enable her to pay her war debis.

Dr, Monroe submitted his plan the demobilized soles can be SUS! this ie. impossible, unless fron something to do. some of the large public works employing, are unde as great motor roads to the American State Department out, is Sfnie is, impossible without at Washington before he left the United States recently for this rehabil Bifich, under the present condition ili of Chinese credit, country. It is learned that he ro-cently discussed the plan with Seems quite impossible, ie., the for-

Text read from the printed page and cleaned; old type leaves the occasional error.

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