Yesterday's marked recovery in Chinese loans is generally regarded as reflecting "world sympathy for China, The "Financial News" attributes it to "the continued demand in a market short of stock" Reuter understands that, despite marking down, actual selling of Chinese loans was small to-day, while senior stocks were firm, although railways were not favoured.
In a leading article on the Soviet's attitude, "The Times" does not think Russia is likely to join in the war. It pays her better, the newspaper declares, to watch Japan weakening herself and floundering ever deeper in China, The journal believes that Russia will help China with arms. "To drive a wedge between Russia and Chine," it adds, "Japan must police something like 1,000 miles of largely desert country. This she is never likely to be in a position to do."—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.