The Archive · 1939

Chungking Statement

Editorial Criticized

the Editor of the foun-Cuuna Daty News"

Sm—I read with much interest your leader of January 18, on the [Chungking statement, but. it. seems to me to lay the blame in the wrong Jquarter should the payments by [China on certain obligations secured Jen the Chinese Customs be not forth-

It appears to me ludicrous to Joy Japan for any payment in eon~ Inection with such obligations, Why [should China pay money which will "assist" "a nation' to continue destroy her freedom, her indus tries, her homes, and last, but not hart of a miracle, the way which' China has) carried on, and he is deserving of every support in her attempt to resist against. most unfair odds. Meanwhile," is It une thinkable that the funds" atthe Yokohama Specie Banke are lying not altogether idle?

'The fairest way, it would seem 10 me, to handle this money would We {to take all Customs 'Revenue. from whatever areas out of the control of the belligerents, and put it into bank oF several' banks, In. proportion the obligations due' to the various nations concerned in these loans. The Jonly nation to be itiven no control fever any funds would. be Japan, JAny money. which might normally accrue to Japan would. be "frozen" {nan international bank, oF handed Jover to the several banks proposed Jabove in proportion. Such an arrangement would show absolute good faith fon the part of the" belliger nations. 'These banks. could. th service' the obligation 0 fio feeling of "After all there is no war. ments. 0 account of these obligations foreign nations would be made 10 Japan.

To embarrass China at this time ey attempting to force out of her vastly decreased revenues money secured on services forcibly wrested from her by an aggressor, Jand to insist that she pay to this sums whatever, seems

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

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