Word: soong
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China's militarists last week again had China's bankers on the run. The famed budget of Finance Minister Dr. T. V. Soong-a Chinese marvel because it balanced last year for the first time in the history of the Republic (TIME. Jan. 2)- teetered as the Government admitted a $10,000,000 current deficit and Generalissimo Chiang Kai-shek demanded of his brother-in-law, Dr. Soong, an additional $18,000,000 to pay his troops...
...Nanking Government's Finance Minister, owl-eyed, stubble-haired T. V. (Tse-vungj) Soong, left war-torn China last April to see what the world thought of China v. Japan. While he was talking in clipped Harvard English in the Foreign Offices of the U. S., Britain, Germany, France and Italy, his superior, Nationalist Generalissimo Chiang Kaishek, made truce with Japan (TIME, June 5). Since then Japanese have loudly applauded Chiang's ''reasonableness," confessed their "satisfaction"' with the attitude of Huang Fu, chief of the North China Political Council. Japanese diplomacy was making rapid headway...
Homing Minister Soong was a man to be feared last week. In the U. S. he had negotiated a $50,000,000 loan from Reconstruction Finance Corp. on condition that he control its spending on U. S. cotton and wheat. That was enough to empower him to line up Nanking politics almost any way he liked...
While Minister Soong was away, famed "Christian" War Lord Feng Yu-hsiang had been active too. Big and bluff, he is a typical North Chinese but he has the nimble brains of such Southerners as Chiang Kaishek. When last month he suddenly ended his bluff as Commander-in-Chief of a People's National Salvation Anti-Japanese Army, pocketed the People's contributions and showed a smiling face in Peiping, he announced that he was going into retirement on the Sacred Mountain of Taishan, in Shantung. Last week his smiling face emerged Cheshire Cat-like again from...
...Soong. Speaking clipped Harvard English, owl-eyed Chinese Finance Minister T. V. Soong proposed to raise and stabilize silver prices, declared that if this were done China and India could buy untold quantities of the World's products and ended with a bristling declaration: "China does not subscribe to any [Japanese] 'Monroe Doctrine' for the Far East." Shanghai cables reported that Dr. Soong obtained last week a British loan of ?20,000,000 but in London this was not confirmed...