London, July 22.
Commenting on the Chinese dollar problem in its City Notes today, "The Times" says it is clear enough, in retrospect, that the amount of money put at the disposal of the Stabilization Fund was inadequate, and the authorities have now to choose whether to leave the dollar to manage for itself as best it can without support, or whether to venture a further amount of a size more in proportion to the size of the problem.
Evidently, the newspaper continues, the British' Government considers it essential, before taking any further l decision, to confer with other Powers, including the United States, which have a large trading interest- in China, It would certainly be strange, it declares, if these other countries, particularly the United States, were unwilling to participate in a further effort to preserve the stability of the dollar.
1f the dollar should collapse, "The Times" adds, the trading interests of all countries would be virtually annihilated, and there are surely other countries besides this which cannot afford to be indifferent to such a prospect.—Reuter.
Blackout in London Today London, July 22.
There will be a complete blackout in Londom and the neighbouring regions as a part of the capital's antiaircraft defence exercises. ' About twenty miles of territory will be included, extending from Gravesend Tilbury to the Tower Bridge in the capital itself. Lights will be out from 11.30 pin. on Sunday night to 330 am. on Monday morning. During the blackout, ships will load and unload as usual thanks to a system of lights
Text read from the printed page and cleaned; old type leaves the occasional error.