Word: japanism
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Dates: during 1930-1939
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Japanese editors last week taunted that wealthy Chinese have been slack in buying Liberty Bonds, caused tortoise-spectacled Chinese Loan Chairman T. V. Soong to retort: "The sale of our bonds is in pleasing contrast to the situation in Japan where 'China Incident' Bonds are being forced down the throats of bankers whose portfolios are already overladen with Government bonds, thus creating a 'Red Ink Bonds Problem' and accelerating the collapse of Japan's economic currency structure." He added that in Shanghai alone $3,000,000 had been subscribed by wealthy Chinese in blocs...
...able wife, Radiorating Mme Chiang Kaishek. To the many earmarks, minute or mighty, of this Great War last week Shanghai actuaries added finally a careful estimate that property damage there already exceeds $750,000,000. This is three times greater than the total of losses at Shanghai caused by Japan's attack there...
...Japanese Trapped," Japan's first great objective is to seize all Chinese territory north of the Yellow River, and the crumpling of Chinese resistance there last fortnight was followed last week by drastic changes in the Chinese command, dictated by Generalissimo Chiang from Nanking...
...away from imminent capture by advancing Japanese troops. Meanwhile to Generalissimo Chiang there rushed from south China able General Li Tsung-ien, longtime War Lord partner of able Pai Tsung-hsi (TIME, Sept. 6). Eight years ago these two rebelled against Chiang because he was then unwilling to fight Japan as they thought China should. Last month General Pai became Chief of Staff to the Generalissimo. Last week after a final patching up of broken friendships in Nanking, General Li went north to command 50,000 troops he had sent ahead from the south to try to stop the Japanese...
...enthusiastic Chinese press stories, to be accepted with reserve, which boasted that erstwhile Chinese Communist troops had recaptured in Shansi the Yenman Pass and the Pingshing Pass and "trapped 50,000 Japanese." Apparently the Chinese troops were staging effective guerrilla raids in territory which nominally has been "conquered" by Japan, and such harassing tactics may prove the best against an invader who last week had advanced so far that the various lines of military supply Japan must keep open had reached a combined length of over 1,000 miles...