The Archive · 1939

Soviet Policy

Chungking, Dee. 1

News of the Soviet invasion of Finand was given prominence In. the Chinese press here today. Omeial quarters, however, are withholding comment on this atest development in, Soviet-Finnish relations Soviet Invasion of Finland did not come as a surprise to Chinese eircles, though the news that' Soviet forces had crossed the Finish fron ter, "reaching, Chunuking Tate Inst evening, created "a sensation and.

ised the widest discussion. wigressi cherishing the "most China, being herself a victim of

profound pathy for the Finns, who iting for their freedom sndenee, At the same time, he Chinese are not in a position to express auch sympathy. openly"

of present Soviet scsistance to her war of resistance against Ax initial sum of $895,000 wil shortly be distributed by the North China' Flood Heller Commission for emergency refugee relief work Honan provines, according "to. Mr, Wanye You-chuo, a representative of the commission who arrived in Loyang on November 29, says a report to the "Sin Wan Pao!

Hongkong, Dec. 1, Opening of @ Nationalist "financial conference in "Hongkong, has been delay" in reorganization Boriponca to December's owing to Executive Yuan of the Chinese Government, according to reliable' sources here, 'More than' 40 influential leaders of fananelal circles are to participate in the conference, "The Chungking Finance Ministry sent several high officials who are pushing preparations for opening the Session, Representing the Chungking Government will be Mr, "7, V, Soong, Mr, Hsu Kan and others, itr, Soong's projected journey to America was expected to be started after the adjournment of the parley, Stabilization On Agenda The main topic expected to be disevssed was the stabilization of the Chinese dollar, According "to Chinese financial observers, different opinions exist between the Chungking Government fon one hand and the Hongkong and Shanghai bankers on the other on measures that would attain stabillaaton, Chungking financial "authorities were expected to attempt to induce Hongkong and Shanghai 'Bankers closely to collaborate" with the Government's efforts to keep the Chiese currency up, it was understood, 'The Government' financial authori ties were reported to be anticipat Ing a collapse of the Chinese dollar view of the growing dimeulties of the Government to obtain foreign support of the Chinese currency, 'Meanwhile, bankers, especially' those in Hongkong, placed the re~ sponsibility for the unstable finan—lal condition on the Chungking Government, claiming that the Government istled excessive bank notes and charging that there had been ancial manipulation in the making of money.

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

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