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...other side of the world, another man had reason to ponder the U. S. role in world affairs: H. H. Kung of Chungking, Finance Minister of the Chinese Government. The U. S. had recently lent China $100,000,000, half of which was to bolster its skidding currency. President Roosevelt had just dispatched to Chung king his Administrative Assistant Lauchlin Currie to study the menace of Chinese inflation. In China, 28% uneasily occupied. Generalissimo Chiang Kai-shek recently had prevented internal disorder by disarming and disbanding the Comunist Fourth Route Army for unsubordination...

Author: /time Magazine | Title: WAR AND PEACE: Eyes on the U. S. | 2/10/1941 | See Source »

Last week, in the midst of these crises, Financier Kung reviewed three and a half years of the Sino-Japanese war and prophesied that 1941 would be "China's victory year." But Financier Kung knew and admitted that other decisive turns in the World War - soem of which the U.S. might call-were approaching, and on their outcome depended the future of China...

Author: /time Magazine | Title: WAR AND PEACE: Eyes on the U. S. | 2/10/1941 | See Source »

...demonstration of national solidarity at Chengtu, China, three famed Soong sisters marched side by side through the streets in peasant hats while Chengtu stared in admiration: Mmes. H. H. Kung, wife of China's Finance Minister, Chiang Kaishek, wife of the Generalissimo, Sun Yatsen, widow of the founder of the Chinese republic...

Author: /time Magazine | Title: People, Jul. 22, 1940 | 7/22/1940 | See Source »

...skill was in small, mobile, spontaneous units; why not build China's economy in similar units-develop a guerrilla industry? John Alexander broached the idea to his boss. Sir Archibald was enthusiastic, at once took the plan to Madame Chiang Kai-shek and Finance Minister Dr. H. H. Kung. They, too, were keen. Dr. Kung allotted $2,000,000 (Chinese), promised $3,000,000 more. On Aug. 5, 1938, the leaders met and constituted themselves as a central committee of the Chinese Industrial Cooperatives. Fittingly this economic defense against Japanese penetration was born in the commandeered building...

Author: /time Magazine | Title: CHINA: New Industries | 4/22/1940 | See Source »

...raided an illicit wireless station which had been sending messages in code over a magnificently complete, exceedingly expensive transmitter. Six young men were arrested, arraigned, fined $16,000. Court records did not list the name of Prince David; but last week British authorities admitted unofficially that David Kung had been politely but firmly asked to leave Hong Kong just after the raid. He went briefly to Manila, then disappeared. Confucius really did say: "While one's parents are alive, one should not travel to a distance; if one must travel, it should be in a fixed direction." Dopesters guessed...

Author: /time Magazine | Title: CHINA: Kung Fu-tze Say | 2/26/1940 | See Source »

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