The Archive · 1940

More US. Support For China

Loan of $135,000,000

Said Pledged as Result Of Mr. Soong's Mission Hongkong, Sept, 4.

Semi-official Chinese sources today said that Mr. T. V. Soong, had almost successfully concluded his mission in the United States and he recently indicated that the United States and he recently indicated that the United States had pledged China more substantial support, including a loan of U.S$135,000,000, Mr. Soong is expected to return to China in the middle of October, they added.

Recent messages hinted that the United States would give China more financial and diplomatic support as a result of Mr Soong's mission, they asserted.

The ' American loan would be partly in credits and partly in cash and the total sum would be U.S$135,- 900,000, they claimed, The United States Government has already approved such a loan, the semi-official Chinese sources reported and added that after Mr. Soongs return the stabilization fund would be revived, remedying the defects of the old fund.

They denied -eporis of a misunderstanding between Dr. H. H. Kung, Chinese Finance Minister, and Mr. Soong and predicted that Mr. Soong would replace Dr. Kung as the Minister of Finance because Dr.

Only a few Londoners hurried to ther shelters.

The majority of the raiders were driven back over the North Sea, but two Heinkels, escorted by six fighter planes, dropped high explosive and incendiary bombs on the southeast coast and, according to reports, started several fires.

Two other German planes crashed in fames after a fierce battle with Royal Air Force fighters that lasted only a few minutes. it was stated—United Press.

Kung would resign due to his ill health.—United Press.

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

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