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May 6, 1938

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Headlines from May 6, 1938

CHINESE JUBILANT OVER NEW ADVANCE; Drive the Japanese Nearly 18 Miles North of Pihsien in Lung-Hai Rail Zone Capture Japanese Trucks Attack Japanese Northward CHINESE JUBILANT OVER NEW ADVANCE Chinese Repulsed, Japanese Say Peiping Fearful of Attack Japanese News Hopeful

By Unknown Author

Chinese drive from Pihsien to Szechuchen; recapture Matowcheng; surround Tancheng; map; Japanese planes bomb Chinese reinforcements south of Tancheng; bomb Lung-Hai and Canton rys and Kinhwa, Chekiang Province; Gen Miao Chen-lieu's forces drive Japanese back at Antungwei on Shantung-Kiangsu border; Hankow Govt insists China will not be bound by customs accord; Japanese rept Chinese repulsed in Shantung; Peiping's gates closed; guerrillas reptd near; Tokyo pub uninformed on war events

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LABOR ACT REPEAL SKED BY CHAMBER TO SPUR RECOVERY; NLRB's Recent Course Is Held a Public Admission Its Steps Had Not Been Impartial BID EXTENDED TO UNIONS Cooperation With Industry to Combat Encroachments by Government Is Urged Not Specific on Pump-Priming Some Delegates Disappointed LABOR ACT REPEAL ASKED BY CHAMBER Aid to Capital Market Urged Pierson Urges Industrial Peace Green Sees New Attitude Blames Farm Subsidies No Long Gain in Pump-Priming

By Turner Catledgespecial To the New York Times

Guest of honor at U S Chamber of Commerce annual dinner

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FRANC RATE FIXED AT 2.79C MINIMUM; MONEY FLOWS BACK; Success Exceeds Expectations as pound80,000,000 of Capital Is Sent Into France LOW INTEREST LOAN SEEN Stabilization in Fact Is Aim of Daladier--Undue Rises in Prices to Be Checked Short-Term Loan Likely U. S. Consent Delayed FRANC RATE FIXED; MONEY FLOWS BACK Estimate of Gold Profit Profiteering to Be Checked French Acquire Sterling French Informed British Agreement Will Continue

By P. J. Philipwireless To the New York Times

Holdings converted into francs following devaluation

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