The Archive · 1941

Loan in Kind

He says that although Mr. Wang has obtained the big loan from Japan, that loan will not entirely be in cash: part of loan will be used to enable the new regime to clear up old debts and part of it will be paid by allowing the new regime to collect Customs and salt taxes. Another part of it will be in the form of firearms. Still another part will be used for recruiting the new regime's army composed of 500,000 men. Only 200,- 000 of the new troops will be regulars while the rest willie organized. is a "peace preservation corps." Being unwilling to see so many Chinese troops armed with heavy weapons, ihe Japanese want more corps men than soldiers who are not allowed at places where, Japanese garrison forces are stationed, it is said. Mr. Tao says, that all these have been mentioned in the treaty signed between Nanking and Tokyo Police Commissioner on Holiday Major K. M. Bourne, Commissioner of Police, sailed yesterday) President Coolidge for Canada, wha the United, States Ras will enter school in Canada, The above picture was thew fat the Commis; sioner were Mrs, Bourhe and two 1

the tender sailed for the Coolidge,

Text read from the printed page and cleaned; old type leaves the occasional error.

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