Huge Consignment of Debased 20. Cent Pieces for Shanghai? 4 The Kiangsu Association, it is reported, has informed the Shanghai General Chamber of Commerce that the Anking Mint, in addition to continuing to mint bad dollars, fas since June 14 been making 20-cent Kaangtung coins containing only 10 per cent. of silver, a shipment of Which is being sent to Shanghai.
Genuine Kuangtung 20-cent pieces, the Kiangeu Association into out, contain 60. per cent. Silver, and' the Association alleges that the Mint has just shipped 40 eases, each containing 11,000 20- tent pieces, in the str Chensu to a spot near Nanking, to be afterwards consigned to Shanghai by train. Among the 40 cases are three filled. with big dollars for the purpose of satisfying Customs examiners.
At the request of the Hangchow Chamber of Commerce and. with the' sanction of Tupan Lu. Yung-hsiang and Governor Chang, the Hangchow Mint has commenced coining 10-cent pieces, the scarcity fof which has caused' much incon venience. to everyone. The new coins will probably be put on the market some time next month.
On the face of this coin, two ma: tional flags crossing each other will appear in the centre. Chinese characters denoting that the coin "is made in the Province of Ché- kiang in the 13th Year of the Republic" will run around its border, On. the obverse "10 cents Silver Coin" in Chinese will occupy the centre with corresponding English words on the border. The standard fineness fixed by the Government, namely 65. per cent. silver adhered to, Tt should be understood and 35 per cent. copper will be
that this coin is not, intended to substitute the subsidiary currency of the same denomination, 10 pieces of which shall be accepted as a big dollar, as mentioned in the National Currency Law, but to be taken at the same market value as the old 10-cent of other small silver coins now in circulation.
Text read from the printed page and cleaned; old type leaves the occasional error.