The Archive · 1939

Anglo-French Exchanges

London, Mar. 21.

The Polish Ambassador to the Court of St. James, conferred with Lord Halifax for forty minutes this morning.

M. Georges Bonnet, the French Foreign Minister, and Lord Halifax will hold an important conversation here today regarding the British plan for the organization of security in Eastern Europe, with M. Bonnet outlining the French point of view the plan which is to be submitted to France, Soviet Russia and Poland The text of the British project is not known, but well-informed quarters believe that it contains a formal engagement to support Rumania and any other small state menaced.

Military assistance, it is said, has not been precisely determined as yet, but might be later following the Anglo-French talks and the conversations with Soviet Russia and Poland, whose attitude is still not clear.

It is understood that Great Britain already has the support of Turkey, who declared that it was ready to assist Rumania with troops in any emergency.

While negotiating with the smaller Eastern European states, Great Britain will maintain close contact with the United States and the South American countries. Reports from British Ambassadors in South America arrived at the Foreign Office yesterday ever: a HE China (Currency Stal London, Mar. 20. bilization) Bill, providing for the establishment of a £10,000,000 fund to check undue fluctuations in the sterling value of the House of Commons today a the Chinese dollar, was passed in t the second reading, and the accompanying money resolution was agreed.

There was no division in the Commons over the Bill, Moving the second reading of the Bill, Sir John Simon, the Chancellor of the Exchequer, declared that, while the total British trade with China was not a large percentage of Britain's world trade, it was "well worth pre: serving and assisting," especially as China had an immense population, and a small increase in purchases per head made an eno: rmous difference. The outbreak of the present hostilities imposed adopted in 1935. The Chine: technical measures, and Chine: a severe test on the currency system se had adopted very well-devised e abroad had supported their currency with remittances, subset options and war loans.

Last year's currency was cam through' in an orderly manner, w minimum disturbance or underminii of confidence: jed ith ug

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

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