Word: kung
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...Vice Premier, Finance Minister, chairman of the board of the Bank of China, president of the boards of Yenching University, Cheeloo University, Oberlin in China, the Chinese Industrial Cooperatives, the Confucius Society, and the Public Finance Association-all in the rotund, meditative person of H. H. ("Daddy") Kung...
According to the memorandum, the regulations, as published in the Chungking newspaper, Ta Kung Pai, include the following provisions...
Lesson in Failure. Eleven years ago, T. V. lost his first major struggle with astute Dr. Kung, who then replaced him as Minister of Finance. Until 1940, T. V. avoided politics. He was sent to Washington, negotiated a $100-million loan from the U.S., later secured Lend-Lease help for China, got Administration approval of Claire L. Chennault's scheme to recruit U.S. pilots for A.V.G...
...Soong found it difficult to maintain his prestige in China after the fall of Burma, when he could get almost no help from the U.S. Besides questions of public policy there were personal differences between T. V. and his two potent sisters, Mme. H. H. Kung and Mme. Chiang Kaishek: Mme. Kung in general represents conservative party politics and T. V. by comparison, the aggressive liberal forces. Mme. Chiang sided with the Kungs...
...influence on her. Packed Board. T. V. left the U.S. last fall, returned to Chungking, failed to patch up his differences with Chiang Kaishek. Last week, the Bank of China's board voted to increase its membership from twelve to 25, thus gave the anti-Soong, pro-Kung group decisive voting power. T. V. was forced out; H. H. was handed a post which will enable him to complete his control over China's economic life. As Minister of Finance, vice president of the Executive Yuan, head of the Central Bank of China, and now board chairman...