The Archive · 1923

WHERE GOES THE SILVER?

Merchants buying at Urga have to take their silver there, and as large quantities of silver are continually streaming into Urga and none is allowed to be taken away, with the exception of smal] sums to cover the expenses of travel, the question of what is being done with the silver in Mongolia is becoming a matter of general interest. Unless it ly finding its way into Russia, there must now be a huge store of silver at Urga.

Urga now is probably more Bolshevik than Russia in iis réyime. The old Mongols have no sympathy with the young party, but they are unable to fight against if. The Rutukhtu, as far as the administration is concerned, is a complete non-entity. He still exercises spiritual sway.

There are no Japanese in Urga. The Russians probably number some 2,000, including the Red Guard of two hundred men,, who are obviously only kept there for moral effect. Other foreigners number about a hundred and fifty. Maimacheng is virtually dead. The Russian town, which was well sacked by Ungern, is of little account. Murin in the centre of business.

Text read from the printed page and cleaned; old type leaves the occasional error.

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