The Archive · 1940

Silver Agreement In Tientsin

Details to Be Published When Pact is Signed Ten Per Cent. for Relief London, June 13.

The details of the Anglo-Japanese agreement, in connection with questions at issue relating to the British Concession at Tientsin, will be made available when the agreement is definitely signed in a few days time, Reuter learns in London.

It is gathered, however, that with regard to the silver question, the arrangement provides that the money shall be deposited in a bank in the Concession, in an account under the joint signature of the British and Japanese Consul-Generals.

Ten per cent. (approximately £10,- 0C0) will be allocated for famine and flood relief.

The inherent difficulties in regard to the disposal of this silver has thus found a solution, acceptable to all parties.

The Anglo-Japanese agreement in question had earlier been announced in Tokyo, by the Foreign Office spokesman. The agreement, he said, covers policing and silver currency The National Government, tne statement asserted, will take "effective measures" to annul such a transfer which would be an "insult to the sovereignty of China.

The statement follows in full:

"Since the outbreak of the European war, China has maintained a neutral stand' and has sincerely hoped that the European conflict would not spread to the Far East. With the recent declaration of war by Italy on Britain and France, however, the scope of hostilities has expanded.

"The above-mentioned belligerent pewers have troops and warships stationed in China and furthermore they are stationed in the same areas. Because of the tense relations there is no way of guaranteeing that they will not clash and cause trouble.

"In order to maintain peace and order and also protect the lives and properties of the Chinese in the area where the troops or warships of the European belligerent powers are stationed, the National Government of China proposes that proper measures be taken by the belligerent nations such as the withdrawal of their troops and warships so that unexpected eventualities will be prevented.

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

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