London, Oct. 6. GGY7OU will have observed with sympathy and approval the remarkable progress effected in the last few years by the National Government of China in the restoration of order, the settlement of debts and the stability of the financial and economic system of that great country," said Mr. Neville Chamberlaii cellor of the Exchequer, speaking at the annual bankers' dinner last night, It would be a matter of grave concern to us, he continued. if that progress were interrupted or endangered by differences and estrangements between China and the Great Empire of Japan, with whom, at one time, we were on such intimate relations and] whose friendship we have never ceased to value.
"I am happy to say that the recent mission of Sir Frederick Leith-Ross (Economic Adviser to the British Treasury) in the Far! East has succeeded in establishing very cordial relations with all! with whom he came into contact in China and Japan, "There was ample evidence," Mr, Chamberlain said, "of the value of by a corresponding expansion in the his visit, both in' testifying to Great revenue.
Britain's continued interest in Chin: prosperity and also in her desire to work in harmony with Japan for any measures which it might be able to take with that purpose in view.
Britain's expenditure on this year's defence programme had been rising 40 rapidly, Mr. Chamberlain went on, to outweigh any reasonable probability of it being counter-balanced There were still pictures of the situation which were causing anxiety.
Although nobody could confidently say that prospects portended a time fof settled peace, on the other hand, there was no nation which wanted {to break peace, for none could con-Adently believe that even victory would not bring more loss and suffering in its train,
Text read from the printed page and cleaned; old type leaves the occasional error.