The Archive · 1938

Japan's Credit Shaken

Meanwhile, there are doubts regarding Japan's financial stability, judging by the increasing charges made for discounting Japanese bills in the City of London.

The P. & O. s. Ranpura, which arrived at Plymouth yesterday, brought £3,000,000 worth of treasure from the Chinese people in the war zones, including silver coins and valuable personal articles, to England for safety.

Silver shipments from Hongkong to "date are estimated at £30,000,000 about two-thirds of which have been converted into gold. Part of this money has been spent on armaments.

British firms, however, have received only a very small proportion of the orders, most of which have gone to Continental armament firms notably. in Germany and Czechoslovakia.—Reuter.

Mr. Allison said that he visited the Japanese barracks with a Chinese woman who was alleged to have been attacked by Japanese soldiers. They were accompanied by Mr. Charles Riggs, another American, and also by Japanese gendarmes.

When they reached the barracks, a gendarme forced the woman through ihe gate. The Americans followed, but stopped inside the gate to discuss matters, whereupon a Japanese soldier dashed p, angrily pushed back Mr. Allison and slapped him in the face, after which he turned and treated Mr. Riggs likewise.

When he heard that they were Americans, the soldier became "livid with rage" and tore Mr, Riggs' clothing despite the efforts of the gendarmes to prevent him.

Meanwhile, the officer commanding the unit appeared and shouted at them offensively.

Pointing out that neither Mr. Riggs nor himself had touched the Japanese soldier nor spoken to anybody except to the gendarmes, Mr. Allison expresses astonishment at ihe Japanese allegation that he insulted a Japanese military officer.

Text read from the printed page and cleaned; old type leaves the occasional error.

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