'The "Central Daily News" advanced four principles in Its leader to-day} for the guidance of Sino-Japanese! economic ce-operation, Firstly, the Journal' pointed out, economic ce-operation, must be carried out within the framework of Chinese laws and administrative deci sions.
Secondly, technical assistance should in no way infringe upon Ching's sovereign rights, Thirdly, Japanese ald in the improvement of Chinese farm products: should lie in increasing their out put. Under no efreumstanee should there be any conditions almed at "squeezing" raw materials from China.
Lastly, regarding all Sino-Japanese trade questions in general, Japan must respect the existence of Chinese national industries and should not demand, as a return for the assistance, a downward readjustment of the Chinese tariff duties on Japan ese goods—Central News, Besides members of the Mission, those present at the luncheon party included Mr, 8, Kawagoe, Japanese Ambassador to China, Mr, 'Hsu Shih-ying, Chinese Ambassador to Japan, senior officials of the Waichiaopu, and 'a number of leading bankers and dustrialists in Nanking, Both Mr. Kawayoe and Mr. Kodama, leader of the Mission, made appropriate replies, hoping' that the seed Sown by the Chinese financial and industrial leaders during their visit to Japan two years ago would bear fruit some day.
"Gen, Chiang Speaks Chino desires friendly help and the advice of Japan, since the gigantic reconstruction movement which she is undertaking inay be likened to the
Text read from the printed page and cleaned; old type leaves the occasional error.