The Archive · 1940

Importance of Helping China Realized

Credits Available, Mr. Butler Informs Commons

London, Mar. 13.

The importance of helping China was very fully realized by the British Government, and he did not think there was any doubt about the availability of a £3,000,000 credit grant, declared the Under-Secretary of State for Foreign Affairs, Mr. R. A. Butler, in the House of Commons today.

Mr. Butler was replying to a question if there was any truth in a report that £3,000,000 grafted for export credits last summer had not yet teen made fully available, and whether there was any other means whereby assistance could be given to China at the present time.

He added that the Government was well aware of its obligations under the League of Nations and was carrying out those obligations to the best of its ability in the present difficult circumstances.

Asked whether his attention had been drawn to a recent decision of the Export-Import Bank of America to provide a loan of $20,000,000 to China, Mr. Butler said negotiations on the subject appeared to be proceeding,—Reuter. ganized in Ningpo fo carry out relief measures and Chekiang residents in Shanghai who have been shocked by the news are also contributing towards the relief fund.

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

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