The Archive · 1938

Currencies; Railway Revenues

Revenues, Mr. Butler went on to say, were collected in Japanese yen, land Japanese military yen notes on {this and the Shanghai-Hanjchow railways. On the Peiping-Mukden Railway, Federal Reserve Bank currency iwas' in general use, except on the Manchurian section, where churian currency was used. Interest jon the Peiping-Mukden loan had been aid to date.

Lord Halifax had communicated with Sir Robert Craigie regarding other obligations secured on these railways.

Mr. Adrian Moreing asked it the Government were really satisfied with these "continual excuses" regarding the surveying of the Shanghai-Nanking Railway. He said that it was "some months" smog he had raised Mr. Butler said that he appreciated Mr. "'Moreing's anxiety, which was shared by the Government. The [Japanese Note, Mr. Butler stated, dejelared that the same military reasons [that made inspection diMeult before made it dificult now.

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

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