Dr. Kung Says Importance Greatly Exaggerated Shanghai, Feb. 6.
Interviewed in Shanghai, Dr. Hf, Kung, Minister of Finance, said that he decided some months ago Ww appoint the Monetary Advisory Committee, in order to create a° regular and institutional body to keep the Minister of Finance in touch with the views of the leading bonkers of the country. The committee as yet has} not made any definite recommenda None regarding conerete action to be taken in connection with the present Anancial situation and no schemes for monetary reform ha. been worked out.
"Clearly," said Dr. Kung, "the importance of the appointment of this [Advisory Committes has been greatly exaggerated. Even: f at some later date the committee does tender advice proposing mosures for monetary reform, it is quite im, orsible at this stage to foresee '7a°t decision will be made by the Chirese Government. Any such decision will be influenced bby the situation at the time."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.