man-power and natu together with the Toman help in the smooth operation of China's currency policy, while at the same time benefitting "their own, economic interests in the Far East Another outstanding feature China's war nance that is of importance to foreign interests is the Government's. scrupulous anxiety to live up to China's obligations." No better evidence of China's honourable record could be furnished than her courageous and conscientious efforts in recent years to adjust the mess of defaulted debts inherited from the former Peking regime, at a me when the, world's financial Markets were not infrequently upset by defaults, moratoria and downright: repudiations of national debts.
Debt Service Dimeutties resistance and reconstruction and to adopt a policy of playing for time.
Last but not. least, spontaneous worldwide sympathy for China's just cause and growing realization that Japan's polley of lawlessness and aggression Is as much a real menace to the economic Interests and political security of third Powers as it is to China's freedom and independence, is important factor which operates and will, I believe, continue to operate in favour of' China's financial stability, 'The recent financial and "economic assistance "which 'America, France, Great Britain, Ri sia and other countries have extended to China, presents a striking contrast to the' fact that in the world's Ananciat capitals the doors of borrowing are closed to Japan. It is in itself an eloquent testimony of con-Adence abroad in China's financial future,
Text read from the printed page and cleaned; old type leaves the occasional error.