Chungking, Apr, 27.
Displaying news of the signing of the Sino-British and Sino-American jeurrency loan agreements under big fneadtines, the Chinese press un-Jonimously expresses appreciation {or [British and United States assistance, stressing the "fact that Britain Jgranting a loan while herself facing tremendous dimculties, Financial quarters state the ne-Jgotiations were started last December Jand lasted almost five months, After Jpoluting out that the agreements will strengthen the foreign exchange value of Chinese currency and help stabilize commodity prices, financial quarters emphasize that the agree. ments have close connection with the present international situation as well fas' the fundamental Far. Eastern Policies of Britain and the United /States, indicating the determination fof those countries to protect the [Democracies and assist freedom, "Since we are fighting for the cause Jot Democracy and freedom it is clear that the fundamental policies Britain, the United States and China fare identical," ancial quarters state, Reuter, "Parallel Action"
In a leader under the title "a ture ther step in ce-operation betwveer Britain, the United States and China", the Chinese oficial "Daily News" this. morning states that the agreements indicate continued paralled action on. the part of Britain and the United States in_their assistance to China and that British reverses in the Balkans cannot affect British Far Eastern policy.
At the same time it indicates British power in extending assistance to 2 democratic nation's resistance against aggression.
After pointing out that the agreements will give "the greatest uuragement to the Chinese people the Paper expresses the opinion. that the agreements indicate" that close ce-veration between Britain, the United States and China is noi confined to economic folds, The Chinese Communist party organ, "Hsin Hua Jin Pao," proposes a withdrawal of support for the market
Text read from the printed page and cleaned; old type leaves the occasional error.