The Archive · 1938

Expropriation of All Austrian Deposits

London, Mar. 23.

The demand made by a Labour Member of Parliament that all valuables "deposited by Austrian Danks with English Banks, including all stocks of precious metals, should be confiscated, was rejected with considerable asperity by the Prime Minister, Mr. Neville Chamberlain, in the House of Commons yesterday.

Such deposits, be declared, were now, as heretofore, at the disposal of their rightful owners. The Gov-Vernment had neither power nor desire to alter that fact in any way, nor had it any intention asking Parliament for special powers 10 {take such action,—Trans-Ocean.

'Mr, Sun pointed to the achievements of Chinese industry, Besides obtaining arms from abroad, Chinese industry is "making light arms and Weapons such as trench mortars, which makes. it possible to supply' the armies without imposing further burdens upon national nance. Tt]

necessary that the western powers realize that our struggle is the struggle of all democracies against the aggressor nations, so that any Ananeial and material help they can give China will contribute to the triumph of the principle of hostility to the uso of arms in the settlement of international. prodlems."—Havas.

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

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