(2 of 2)
> The backing of enterprises in China. Small manufactures, based on simple machinery which China can produce herself, would, by increasing the flow of goods, help ease the inflation. Big undertakings, such as the building of railroads with rails torn up from Japanese-occupied territory, could help the war effort.
The loans would not be used for purchasing goods in the U.S. and Britain. These were already available under Lend-Lease, and the big problem for China was not financing their purchases but getting them in.
The Long Night Watch. And so the aid had come at last. Dr. Chiang, and the Chiang for whom he spoke, might be pardoned for a tiny grain of bitterness, for remarking, politely, that certain countries "sandwich a great deal of talk between actions."
And yet the Chinese, as always, took their bitterness manfully. Dr. Chiang, closing the conference on Chungking hill, looked back on China's years of war: "Night fell early upon China's independence," he said. "But we held on, hoping against hope. Then at midnight, at the darkest hour, we suddenly found at our side stout and loyal companions in arms.
Now we are surer than ever, although we may still have a few hours of darkness ahead, there will be dawn and victory."
*Who sometimes spells his name Tsiang to avoid being accused of nepotism.