The Archive · 1931

CHINA'S FINANCES Fan Basrau Review, 24, The Bund

shanghai.

The March issue of the "Far Eastern Review" devotes a good deal of attention to the financial situation in China. For there is a special article by the Editor on the importance of putting the rehabilitation of the railways as the first item in the Government The article is vigorous style to which readers of the Review will be accustomed, and its trend be gathered from the Beggar sitting on a 'The writer points out that unless there is a stimulation of domestic purchasing power, which fan extensive railway' system connotes, the mere establishment of in-@ustries in China will do little to restore the national: finances.

Another article deals with the Japanese Joan and concludes with the following passage:

"We know nothing about the so-called' Nishihara loans. Apparently China knows how they wore spent as the records seem to be icatroyed, Only. the Japanese lenders we kept the agreements and record of their transaction." Thel Fsponsibility began and caded when

Text read from the printed page and cleaned; old type leaves the occasional error.

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