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- 2 -
This Government has also during the past three years
given China loans and credits aggregating $175,000,000,
$50,000,000 of which stands as a stabilization fund.
However, the thing which counts most in the field of aid
to China is receipt by China of goods--especially arms,
munitions and war materials in general.
Examination of trade figures brings to view certain
very interesting and pertinent facts, as follows:
a. During the years 1938-40 the total U.S. exports
to China amounted to $168,289,000; to Japan $699,050,000.
This indicates that during the three full years of the
Japanese-Chinese hostilities this country supplied to
Japan approximately four times as much goods as we supplied
to China. In the same period U.S. exports of petroleum
and petroleum products to Japan amounted to $151,076,000.
This indicates that during the period under reference the
dollar value of petroleum and petroleum products that we
supplied to Japan was almost equal to the total dollar
value of all products that we supplied to China.
b. In the year 1940 total U.S. exports to China
amounted to $77,956,000; to Great Britain (United Kingdom
alone) $1,009,600,000. This indicates that during this
one full year of Japanese-Chinese hostilities and German-
British war, we supplied to Great Britain (the United
Kingdom) approximately thirteen times as much goods as we
supplied
ARCHIVES A "NATIONAL RECORDS SERVICE*
countrial
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"ocrText": "80\n- 2 -\nThis Government has also during the past three years\ngiven China loans and credits aggregating $175,000,000,\n$50,000,000 of which stands as a stabilization fund.\nHowever, the thing which counts most in the field of aid\nto China is receipt by China of goods--especially arms,\nmunitions and war materials in general.\nExamination of trade figures brings to view certain\nvery interesting and pertinent facts, as follows:\na. During the years 1938-40 the total U.S. exports\nto China amounted to $168,289,000; to Japan $699,050,000.\nThis indicates that during the three full years of the\nJapanese-Chinese hostilities this country supplied to\nJapan approximately four times as much goods as we supplied\nto China. In the same period U.S. exports of petroleum\nand petroleum products to Japan amounted to $151,076,000.\nThis indicates that during the period under reference the\ndollar value of petroleum and petroleum products that we\nsupplied to Japan was almost equal to the total dollar\nvalue of all products that we supplied to China.\nb. In the year 1940 total U.S. exports to China\namounted to $77,956,000; to Great Britain (United Kingdom\nalone) $1,009,600,000. This indicates that during this\none full year of Japanese-Chinese hostilities and German-\nBritish war, we supplied to Great Britain (the United\nKingdom) approximately thirteen times as much goods as we\nsupplied\nARCHIVES A \"NATIONAL RECORDS SERVICE*\ncountrial"
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