London, Jan. 3.
A. more optimistic, view of the Far' Eastern situation is taken by the press! mere today. The "Financial Times,"
article on the subject. states:—"The stiffening of the American altitude towards Japan'x aims China, combined with the offer of jeredits for the import of materials, encourages the hope of those whose financial and commercial interests in.
[China are at stake, that the United States Government is at long last! {tcking a firmer stand.
"American credits followed by the premise of British credits. although {the sums are not large, are important from the point of view of the morale for the Chinese people. But for these Jossurances of help, the Chinese Gov ernment might have accepted Mr. Wang Ching-wel's advice.
Text read from the printed page and cleaned; old type leaves the occasional error.