Foreign News: T. V. Returns

Said President Chiang Kai-shek last fortnight: "The mistake most of our comrades make is that they show too much tendency to rely upon foreign help. . . . Those who have energy must give energy; those who have money must give money." Ex-Premier T. V. Soong, one of China's wealthiest men and the President's brother-in-law, responded promptly.

To families of Kuomintang members who had died fighting Japanese and Communists, Soong donated his personal shares in three subsidiaries of the China Development & Finance Corp. (which operates railroads, coal mines, power plants). Commented the China...

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!