The Commission had funds in hand at the close of-the year of £426,831, short-dated the end of'' 1938
A China" ey Agency was set up during {hé*year irr conjunction with the €ommistion,* and in fact consisting of the same members.
This was needed to make purchases for the Chinese Government out of other funds remitted by China, a the Commission-may only handle the ad indemnity funds.
This new agency placed orders during 1939 for nearly £950,000. 2303, But of course the same war dificult ties of getting' them fulfilled were experienced as were found by the Purchasing Commission.
Washington, May 8.
The possibility of building up tin reserves in the United States, by means of a reconstruction of the Finance Corporation loan to Holland is being considered by officials of the State, Navy and War Departments.
The plan would involve a loan of about $50,000,000 as security, for which the Dutch would store about 50,000 tons of tin in the United States.
"The suggestion has not yet reached the stage of a formal proposal—
Text read from the printed page and cleaned; old type leaves the occasional error.