16th April.
The New. Chinese Tael.
It is elated from Peking that it has been decided by the Board of Revenue that the new Imperial Mint now being near completion shall strike coins bearing the uniform weight of one Haikuan tael, and that this new coin is to be the future silver unit, of money throughout the Empire. All other dollars of the present type coined in the provinces, seven mace three candareens, or seventy-three tael-cents, in weight, are then to be gradually recalled' and reminted on the Haikuan tael weight basis.
The Army Reorganisation Scheme.
According to Chinese official reports the High Commissioners of the Army Reorganisation Bureau—Prince Ching, Viceroy Yun Shih-K'ai, and 'Rich Liang, Vico-President of the Board of Revenue—have recommended to the Throne and received the Imperial Assont to the establishment of Four Great Army Departments outside Chibli province, namely, one Department to prise Honan and' Shantung provinces; one in the Liangkiang (Kiangsu, Kiangsi, and Anhui provinces), one in the Hukuang {Hunan and Hupeh provinces), and one in the Two Kuang (Kuangtung and Kuangsi provinces). Four large arms factories and big gun foundries are also to be built in the four departments named above.
Text read from the printed page and cleaned; old type leaves the occasional error.