The "Good Risk"
Under the sime title the "North-China Daily News" on December 7. commented upon the statements made by Mr. Jesse Jones, chairman the USS. Reconstruction Finance Corporation, and Mr, Henry Morgenthau, the Secretary of the U.S. Treasury, that these were no times to use Jnsuranee terms in relation to the crisis which faces the world's democracies. It is Interesting, therefore, to note that similar reactions, only more violent, occurred in the American press. "Time Magazine" of December 16 describes the reaction as a roar of indigna~ on—but not at the thought of a loan to Eng-Jand. The indignation was against the treatment of assistance to Britain as a financial matter at all, The realization seemed to be widespread that the question of assistance to Britain was minor Importance beside the question of survival of democratic ideals. The "Christian Selence Monitor" declaimed that the United States must not think in terms of risk. The
Text read from the printed page and cleaned; old type leaves the occasional error.