New Britain herald., 1924-11-18
PLAN MAY
 WORK IN CHINA
Similar Scheme to That in Ger.
 many Received FaVOrably
By The Associated Press.

By The Associated Press.
 Washington, Nov. 1S.--- Proposals which have come to light in New York for a financial rehabilitation of China along the lines of the Dawes plan, strike a sympathetic chord in official Washington. although 1t is realized that several elements of de- lay stand in the way of actual ac- compIishment of the project.
 The financial situation of the Chinese government has been mat ter of serious concern here, and the United States is ready to do what ever seems feasible to aid fin a read iustment that will give new vitality to it's long time friend in the Far East.
 It has been insisted all along, however, that whatever is done in that regard must be done with a full appreciation of the many difficulties that beset Chinese officials, and in such way as to bring to their sup port the sympathetic cooperation of all the powers interested in the Orient.
 It is pointed out by those who hold these views that the present state of internal affairs in China ap- pears to present serious barrier 10 the conference system of settling h- nancial questions, applied so suc- cessfully in Europe by General Dawes and his associates.
 In addition the "Chinese Dawes plan,' as understood here, has been projected as a sequence 10 the Chin ese customs treaty negotiated at the Washington conference treaty which France thus far has failed 10 ratify. It cannot go into effect with out French approval, and Washing ton Is nadvised as to any present
 move in Paris toward giving that approval.
 The only direct information about the Dawes plan" proposal which has reached the state department is letter from an organization known as the American Material Creditors committee Of the Chinese govern ment. In this letter the proposal is hinged upon that provision of the unratified Chinese customs treaty which provides a 2l3 per cent in crease in Chinese customs levies as a measure designed to strengthen the Chinese central government. The American creditors commit tee suggested in it's letter that when the conference provided for in the treaty was called, the American con- ferees should take steps to see that the increase in Chinese customs duties be applied 10 the retunding of existing Chinese international obli- gations. It was said at the state de partment today that the communi- cation did not mention in any way a proposed conference of business men 10 be called by the Chinese minister now in power for the purpose of working out a financial plan for China.
 It is pointed out, too, that owing 70 the recent military coup in Pc king, which established a new mili- tary faction as the de facto author itv there, the stability of the Chinese central government never has been more uncertain than it is today. The situation has not cleared sufficiently, 1t is held here to warrant a belief that the present authorities would be successful in maintaining q govern
 ment of broad enough powers to meet obligations which it might un- dertakc
 In view of all these circumstances,
 1t is indicated that the state depart mcnt will content itself merely with a formal acknowledgement of the commission from the American ma ! terial creditors committee of the i Chinese government.