The Archive · 1938

League Aid to Both Sides

The Rev, R. Sorensen, Labour member for West Leyton, asked when ther the Prime Minister would propose to the League immediate consideration of means whereby the economic needs of China and Japan could be assisted through League action, and suggested an international agreement at the conclusion of the hostilities or earlier if the opportunity were o: ered, Mr, Butler recapitulated, the recommendations already made by the League regarding China, and added that no request had been received for economic assistance towards Japan through League action, Mr, Sorensen then asked if the Prime Minister realized that the economic factor was one of the serious causes of war, and required far more initiative from the Government than they had hitherto given to it, Mr. Neville Chamberlain, Prime Minister, replied that he had already informed 4he House that the Government fully realized the importance of this matter, Mr, Sorensen asked if he was satisfied with what was being done, ber for the Consett Division of Durham, asked whether a large proportion'of Japanese tea was not sold in England as Chinese tea, and whether Mr, Oliver Stanley would insist on a clearer definition as to its origin, so as to avoid deceiving the public.

Mr. Stanley replied that he had not yet received representations on this matter, but if Mr, Adams would communicate to him any evidence, he would gladly consider it, Mr, William Watson, Labour member for Dunfermline, asked if the President of the Board of Trade was aware of the strong discontent being expressed by rubber manufacturers in Great Britain owing to the increasing volume of imports from Hongkong and other parts of the Empire, Recently, Mr. Watson declared, many workers had been discharged from rubber factories in England, and he would like to know what action was being taken to prevent further inroads being made on the home market, "Mr. Oliver Stanley stated in reply that he had received representations from the United Kingdom industry on the matter.

Regarding the last part of the question, he referred Mr. Watson to a reply given on a previous occa-

Peace Stocks Rise In Tokyo Tokyo, June 29.

Commenting on yesterday's setback on the Tokyo Stock Exchange, the "Chugai Shogyo, one of Japan's leading financial papers, draws attention to the fact that munitions shares are falling more heavily than "peace" issues. The paper also draws attention to what it describes as a new fall in enthusiasm on the part of traders on the Stock Exchange for recent capitalization increases. Taking these two together, the "Chbgai Shogyo" suggests that peace may be anticipated in the not far distant future—

Reuter,

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

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