"Your country is in a uniquely advantageous position vis-a-vis China," he said. "First of all,' the two countries have an unbroken record of traditional friendship. Secondly, they. are neighbours across the Pacific. Both have the same ideals of democracy)- Therefore, all ce-operative undertakings in harmony. can be reasonably assured. If your people are willing to invest some of, their surplus capital in China, we can assure security. Our successful cure rency reforms have produced salutary results in the economic life of the nation. We have been- especially favourably assisted in international trade through the stabilization of the Chinese dollar."
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Text read from the printed page and cleaned; old type leaves the occasional error.