London, July 25. T subject' of discussion in the further drop in the value of the Chinese dollar was the House of Commons today. Mr. F. J. Bellenger, Labour member for the Bassetlaw division of Notts, asked whether Sir John Simon, the Chancellor of the Exchequer, had noted the further depreciation in the exchange value of the Chinese dollar, and whether the resources of the Currency Stabilization Fund were now exhausted.
Tokyo, July 26.
Members of the Supreme Military Council this morning discussed the proposed settlement of the China conflict with Lieut-Gen. Seishiro Itagaki, War Minister. This followed a report on domestic and foreign conditions by General Itagaki. A similar exposition of views was given by Lieut-Gen. Itagaki at a meeting of retired generals this afternoon—Domei.
4. By effective control of the t business of Chinese banks and private own bankers in the British Concession in Sir John Simon thought that Mr. Bellenger would appreciate that secrecy must be observed it regard to the currency position of the Chinese Currency Stabilization Fund, just as in the case of the British and other exchange equalization funds.
Mr. Bel-longer said there was no Secrécy to the fact that the Chinese dollar had depreciated something like fifty per cent, since Sir John Simon asked the House to vote the money of British tax-
Soviet reactions are," replied.
Government also to send a military mission Mr. Geoffrey Lo Mesurier Mander, Liberal member for East Wolverhampton, inquired.
"I cannot answer with regard to the French Government," Mr, Cham-payers to keep the Chinese dollar stable. intend to allow the Chinese dollar to find its own economic level In reply, Sir John said that, on the last matter, he could add nothing to the answer he gave on July 11.
Mr. Philip Noel-Baker, Labour member for Derby, asked if the Chancellor could give an assurance that the British Government did regard it as in British interest that the exchange value of the Chinese dollar should be maintained.
Japanese Sentries Again
Text read from the printed page and cleaned; old type leaves the occasional error.