Hongkong, June 13.
Approximately 100 American made fighters recently arrived in Chungking to bolster Gen. Chiang Kai-shek's Air Force, the local Chinese vernacular press reported—Domei. and her monetary problems, and also In the struggle against puppet cur-
Mr. Morgenthau. in a statement to the Committee urging. extension of the Presidential power to operate the 'USs2,000,000.000 currency stabilization fund and devalue the dollar. reviewed the Treasury's exchange Fangements with China which had been announced previously "The mere knowledge that the Far East was contemplated rangement has been of some assis tance to her (China's) monetary position." Mr. Morgenthaw stated.
He stated that under the arrangoment reached between China and the United States on July 14. 1997. the Treasury at one time had US$48,000, 000 worth of yuan but added that since that time this has been reduced to US$19,000.000 fully. collate-realized by gold."—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.