Advertisement

U.S. Helps China's Finances

(December 19--By the United Press)

WASHINGTON -- The United States government moved for a second time within a week tonight to ease the financial stress in China created by Japan's undeclared war.

Following a $25,000,000 credit extended to Chinese commercial interests by the Export-Import Bank, Secretary of the Treasury Henry Morgenthau, Jr., announced that a fiscal arrangement assuring the Chinese government adequate dollar exchange facilities has been continued by this country beyond December 31, 1938.

Advertisement
Advertisement