CHINA: Arm Band Profits

“We are battling for China’s independence against Japanese invaders!” read armbands recently stitched on the sleeves of soldiers commanded by China’s Christian” War Lord Feng Yu-hsiang who promptly received cash contributions from numerous Chinese patriots (TIME, July 31) Last week, without having fought so much as a skirmish since the stitching Marshal Feng thriftily pocketed all cash received, prudently announced, “I am going into retirement.” He thus greatly relieved China’s Nanking Government which feared to see its de facto peace with Japan broken by Feng or any other Chinese war lord whom the Japanese would certainly have beaten.