The paper money problem is as good as settled for all time to come, unless complications arise which might weaken the Communist position, which from present indica tions ems hardly probable. Russia has control of the C.E.R. and has been recognized by the Manchurian provinces, they ave satisfied, and Marshal Chang has relinquished the mechanical means to put pres sure on his scheming opponents: the rouble will not afford a wedge for any complicated negotiations. Russia got financial gain for merely retraining from military action.
There are contradictory reports yorarding. the effect of the Manchurian-Soviet Russian Agreement on the relations between the C. B. and the Russo-Asiatic Bank. Some say the settlement of the C. B. R. problem has close connexion and is advantageous to, the Rus bank; while others Hold that the agreement has different effects on the C. E, R. and on the Russo-Asiatic Bank.
Text read from the printed page and cleaned; old type leaves the occasional error.