The Archive · 1938

New Capital

The correspondent also believes that Mr. Tani will stress the desirability of attracting foreign capital to North China.

Other recommendations likely to be made by Mr. Tani, the correspondent adds, include advice to the Japanese banking syndicate to grant a credit of 100,000,000 yen, as desired by the Federated Reserve Bank of China for an exchange fund, and the adoption of "a cautious attitude in extending assistance to the organization of a new regime in central and south China, which necessarily must be formed in ce-operation with the Provisional Government at Peiping."

—Reuter.

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

Your account