London, July 29, Reports again are persistent here that China.is seeking a large loan for economic development. The amount is rumoured to be £20,000,- (000, which, it is stated, will be' furnished by Great Britain, France, Belgium, and Japan.
Financlers emphasize the political importance to be derived from the Joint interest of the four Powers in the stability of China, and state that negotiations must be complicated and very protracted. 'The security for the oan, they add, will not be the least the dimeulties, 'Meanwhile, the continual footers from Japan' for an understanding with Britain are arousing wide Me terest, 'The latest is an article in the "Asahi" of July 28, emphasizing the Importance of reviving Anglo-Japanese friendship. Te is known that no diplomatic feelers from Japan have hitherrs been made, but. the possibility of a diplomatic' follow-up 4 mot excluded, Extremist induence in Japan's foreign policy is said to be one of the principal dimeuitis-
Text read from the printed page and cleaned; old type leaves the occasional error.