London, Oct, 19.
"The number of proposals, we have received for guarantee," deciared Mr. Frank. Horsfall Nixon, Menager of the Export Credits Board, Interview with Reuter to-day, "sug: geste that "home manufacture five to the opportunities in China, but we have been handicapped in assessing credit risks by the rapidity with which conditions In China change, "Mr, Kivkpatrick will be solely: concerned with fnaneial and econo-mie proposals, and will not seek orders. The scheme will be operated on a stridly commercial basis, and oes not represent a subsidy to British Mr. Nixon reiterated the denial that Great Britain was making " Loon appoint-seek to eaulp Digger share in China's trade which, owing to tremendous industrial developments in China and more stable Conditions in the past two years has "We are prepared to take a risk to a certain point. The big Chinese demand for plant machinery is being satisfied to a great extent by foreign Mr, Nixon emphasized, tu conclusion, that armament manufactures were strictly excluded from the credits scheme—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.