To the Editor of the "Nosru-Cunxa Dany News"
'Sm—It would not be such a bad idea, if no better action is contemplated, for H.M. Government to in-Struct' Sir Robert Craigie to have Tokyo streets paraded by sandwichmen, bearing placards with an "Unfair to Britain. why rency" Loan? tone over the American of US$25 million, equalling the British part of £5 million in the present one. Moreover, the British toan is limited to the Use of stabilization of the Chinese Dollar, while the American thas hardly any limitation at all. No wonder Mr. Woodhead in his article some time ago on the Japanese onl ery against the British, expressed Wonder and hurt why Great Britain should be picked out as Public Enemy No. 1, although strained rel tons were really between Japan and USA. In the matter of loans, as in many' other things, America has been the one to seta bad example and should have been the villain of the loco, yet look at what "Perfidious Albion" has got hersel€ into! Why?
Elementary, my dear Watson! President Roosevelt never stopped to consider the feelings of the Japanese, hor did oficial and inspired statements expound the theory that the Ameri can loan did not mean anything disriminatory against Japan, nor did Ambassador "Grew hasten to the Gaimusho to explain.
Really, instead of assisting Great Britain and France in the rearmament, the United States would render a far better service by lending the European, Democracies someone like Harold fakes who knows the language that some quarters understand.
The clause thal, "should necessity arise, the fund could be wound up any carlier time" (than. the stipulated 12 months), seems to invite attack. The amount million is more symbolic than otherwise, to give Japan a foretaste what real Fetal ion by Great Britain might mean, to explain away that significance {to take away the principal usefulness that loan, as far as Great Britain concerned.
Shanghai, Mar. 11
Text read from the printed page and cleaned; old type leaves the occasional error.