The Archive · 1940

Conflicting Reports

A certain influential Chinese lady said to have made millions of dollars in speculation in' Govern ment notes and bonds. By various means they manipulate the money market to their benefit despite laws against speculation in Hongkong and Chungking White American oficiats in Wash-

Kobe Harbour To Be Extended Tokyo, Sept. 23.

Work onthe extension of Kobe's harbour, for which purpose Yon 22.- (000,000 have Leen allotted. will probably commence this autumn and be completed by 1947, the Japan Chroni. ele states, When the work is ended, Kobe's harbour will be one of the largest en. tons, and an annual increase of 500,- 000 tons is expected—Havas. ington stated that no government loans were granted to Mr. Soong, another report stated that he attempt fed to secure U.S.$20,000,000 based on the Chinese treasure and antique as security. These goods were formerly stored in London but were shipped {10 the United States for safe keeping following the blitzkrieg over England, Some Chinese banking citoles hers are of opinion that eventually Me. Soong will be successful in securing a big loan from the United States. The fact that he may become Finance Minister is a stimulus to Chinese and foreign financiers. Another report stated that Mme Chiang Kai-shek wilt also pay a visit to the United States to obtain financial and other assistance from the United States, Hongkong & Shanghai Bank ing Corporation Authorised Reserve Liability. of Proprietors Board of Directors:

Wauunsos, Chotrman: Hon, 3. 4. Pariasox, Deputy Chairman: Wovgitun. A: ft °Conion: Hon. hat. 5, "Donia

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

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