The Archive · 1938

British, U.S. Loans

"Asahi" Alleges Moves "Inconsistent"

Tokyo, Dec. 19.

Financial assistance being extended to the regime of Gen. Chiang Kai-shek by Britain and the United States is "self-contradictory" in it tends to turn China into Spain," thereby disturbing world peace, the "Miyako Shimbun' declared editorially today, recalling the professed desires of statesmen itt London and Washington to secure international appeasement.

The British and American move: the daily stated, were designed to secure a favourable solution of the issues involving their interests in China, particularly the question of Yangtze navigation.

The "Miyako," however, contended that there was "no fear" that this financial assistance towards the Chiang regime would be continued, as the former Chinese national administration had become "a mere regional government The American credit and the proposed British loan, the daily said, would, nevertheless, "enliven" the Chungking regime.

"New Concern"

Commenting on the same subject, the "Yomiuri Shimbun," another popular daily, saw significance in he American' action, which, it said, had aroused "new concern" in that it represented a departure from the past Washington policy of avoiding joint action with Britain.

"We have nothing to' say about British aid to the regime of Ger. Chiang Kai-shek." the "Yomiuri" said. asserting that such action was in keeping with the established British policy.—Domei.

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

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