Washington, Oct. 14 The Chinese Financial Mission said to be negotiating with the United States Government for a wheat and cotton loan also has opened negotiations with prominent industrialists for obtaining war supplies /and credits, it was learned today.
Government officials declined to name the American industrialists involved in the negotiations, which, however, including those with the Treasury Department over the wheat cotton loans, were reported to be "slowing down."
This factor was accredited to the costs of the war to China and the fact that the Japanese seizure of the Chinese Customs and revenues in leading ports has cut deeply int Chinese finances.
"I think it fair to say," a Government official told the United Press, "that the Administration and private industrialists alike want to aid China if possible, but the main problem is how will China get the money to finance her needs."—United Press.
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