The Government were fully alive to the dimiculties.of the situation as regards the question of the North China currency, and the dangers in volved to British trade, The introduction of "Federal Re-to 'The British in North China, Lord Elibank stated, were "seriously' afraid that a similar law to that in Manchuria is being. imposed, 'Those who lived their lives in North China, and hoped to retire to England, would not be able to leave, because' they would not be abl withdraw their savings, from~every point of view, including, that of the Japanese Government Lord Halifax said that the Japanese Government had frequently stated that tid not Intend to place un: necessary obstacles in the way of British trade in the parts of China Presently under Japanese occupation, Any attempt to impose in North China the same kind of restrictions existing in Manchuria would be entirely inconsistent with these assur-
Text read from the printed page and cleaned; old type leaves the occasional error.