London, Mar. 8.
Negotiations are progressing satisfactorily for a tripartite arrangement between Great Britain, the United States and China to co-ordinate and administer British and United States credits to the Chinese Stabilization Fund, it is learned here.
The British and Chinese authorities are also holding conversations about Britain's credit to China, the A desire to link the credit with the tripartite stabilization agreement; and The British stipulation that the funds can only be used for Chinese purchases in the sterling area, which cannot at present "easily spare war materials for Chind's needs.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.