Credentials Presented to Chiang Kai-shek Nanking, Oct. 7. the new Japanese to China, presented his credentials to General Ching Kaistok here this morning.
In making the presentation Mr. Saburi declared that not only Far Eastern peace but world peace depended upon the maintenance of friendly relations between Japan and. China. in continuation to the last report submitted by Dr. Bayork C. Yen and Mr. G. Padoux, former Asso-into Directors. General of the Liquidation at Peiping.
Now that the continuation of the work of the liquidation of the branches of the Russo-Asiatic Bank in China has been carried on for another year, the General Liquidat~ ors endeavour to present a general view covering precisely what hag been accomplished during that period and they suggest that the salient facts be made public for the information of the creditors and of Il persons interested in the windup of the Bank.
Since their entry into function, the General Liquidators have spared no effort in endeavouring to protect jhe interest of the creditors and to bring the liquidation to m satis factory and equitable conclusion, In order to attain the desired results, their policy has been to proceed systematically with the following (1) Express aniers have been given to the local Liquidators of the branches under their control to recover all outstanding debts. and to dispose of all available assets, at the best prices obtainable, with:
The Japanese Government, he declared, was especially eager to bring about a sympathetic under-Sanding between the two governments and_ peoples.
Responding, General Chiang Kal shek stated that, in view of geographical and' racial similarities, the relations between China and Japan should be closer than those existing between any two other countries, Since Mr. several Saburi_ had visited far with conditions in China, Gen-feral Chiang gelded, he believed that the two governments and peoples benefit by his appointment as Minister to China—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.