New York, June 10.
The "Economic Forum," publishing condensation of Sir Arthur Salter's official report to the Chinese Government, to-day stressed that passage Jot the Silver Bill would retard China's recovery.
Quoting the findings of the British Jeconomist in his survey of condi tions in China, the "Economic Forum" said in increase in the price of silver would "block, China's exports and spread deflation, Sir Arthur Salter's finding, says the "Economic Forum, is that China's primitive trade mechanism cannot Withstand such deflation without Other portions of the British Jeconomist's report, as quoted by the magazine, deal with the disastrous effect of China's military struggles with Japan and with her own Com-
"The expect found that China does not use silver for the purchase of her imports, but uses instead foreign jeurrency balances derived from the Jsalo of her exports. Consequently, Sir Arthur's report says, stability of exchange is a vital facier in Sino-/Amerienn commerce—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.