The Archive · 1924

Paper Money Issue

Frou Our OWN ComnesroxoxnT

Wuchang, Sept. 28.

The Hupeh Provincial Assembly has declared the neutrality of Hupeh, in order to guard against the province being. dragged into th struggle which has broken out the north between Chihli and Fengtien. Nevertheless, the Tuchun Hsiao Yao-nan has been compelled to promise a contribution of $3,000, 000 towards General Wu Pei war chest; and in addition Wan has sent down sufficient. silver to be minted into $5,000,000 for his use by the Hupeh Provincial Mint, OF the above $3,000,000, a first instalment has already been sent in copper, to the tune of 500,000 tina. 'The Hupeh Mint is able to produce one day 30,000 tino; but it has deen workings night and day lately, s0 that the above sum represents nearly 10 days' output,—Silver dollars are' becoming very scarce, the mint has been ordered to sive a large quantity of paper Jriotex to enable the merchants. carey von their business. This Jaugurs avery bad time for the mall shop keepers and the poorer people during the coming winter The Hanyang Arsenal hak beer condored to produce immediately halt '4 million rounds of rifle ammunition, quantity oF big. Hupei Flee suid fous transported in large quantities to Peking. On the Pele jing-Hankow railway Tine speci it trains ave being set apart for the [conveyance of soldiers and ammuni tion, Arrangements are being (made to guard the line by soldiers {the route is divided Into sections, euch of which is under the command fof a specially appointed officer. Ail thie "does not look much Vike neutrality

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

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