Not Expected Tokyo, May 15.
The continued ce-operation of the Chinese Government will be sought by Japanese bankers for the read-fustment of defaulted Japanese loans to China, which total about _Y.800,- 000,000, under the terms of a decision Jreached by Japanese financiers interested in the question yesterday.
Dr. K. Uchida, managing director of the East Asia Industrial Ca., Ltd., who has succeeded in initialling an agreement for the readjustment of abe Kiukiang-Nanchang Railway: Loan with the Nanking Government, reported on the results of his nego tations with the Chinese authorities.
'According to Dr. Uchida, the Nan: king Government is seriously secking a reasonable way to settle these outstanding Habilities, but an immediate solution cannot' be expected in view of present financial conditions in China, Consequently, rational methods, based on whole-hearted ce-operation, which have so far resulted in the loans totalling more than ¥.100,000.000 and the establishment of ¥.2.500,000 sinking fund, should be continued, he said.
This view was unanimously adopt-
Text read from the printed page and cleaned; old type leaves the occasional error.