Foreign News: Pittman v. Soong

Potent U. S. silvermen warmly seconded last week Canada's motion fortnight ago that a huge Occidental loan be made to hungry China, thus enabling her to buy and eat the Occident's surplus wheat (TIME, Jan. 12).

In Washington the Senate's subcommittee on trade with China prepared to release this week its recommendation for a silver loan to China. Chairman of the subcommittee is Senator Key Pittman of Nevada, famed "silver state." China is the only great power with currency on the "silver standard," and last week the Shanghai dollar (nominally worth 50 ยข)...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!