Great Leniency in Granting of Credits Favoured Washington, July 1, Mr. Warren L. Plerson, president of the Export-Import Bank who recently made a tour of inspection of China, to-day praised the progress {n the unification of China, "He reported he had received an extremely cordial reception throughout his long tour in China, "My general impression," Mr. Pler= son told the United Press, is that China's unifteation programme has Progressed. Railways, which I parti. cularly studied, showed progress, I felt that the Minister of" Railways, Mr, Chang Kal-ngan, was following very constructive' programme of rail development. Because of the Geographical similarity of China and the United States, their railway prob: Jems are similar to ours and they now are confronted with problems. which we already have conquered.
enjoyed my conversations with Mr T. V. Soong on the operations of China's currency system. In Peiping Thad a pleasant talk with Dr. Hisih and at Nanking with Dr. Frank lin Ho. I also had the honour and pleasure of meeting Madame Chiang Kal-shek and Madame H. H. Kung."
Mi. Pierson pointed out the development of "the Canton-Peiping railway connections and died the ease of flying by aeroplane from Hankow to Chungking compared with the old modes of travel in China, More Lenlency Favoured Mr, Jesse P, Woleott, Republican Representative from Michigan, told the United Press, "China's attachment gold under her new monetary pro gramme, and association of her cur-Feney with the dollar and pound sterling is constructive and encouraging. However, I feel that China in effect is more' closely linked to the
Text read from the printed page and cleaned; old type leaves the occasional error.