On Monday evening, September 26, groups of persons were noticed by' 'a foreigner reading notices: posted at the various semi-foreign. hanks in Taiping and Sinseng Road: and he found that these notices were to the effect that the paying out of silver dollars by these banks.
time, ras katy to be suspended for a On September 27 the Chinese! newspapers had a longer statement fon the matter. Tt was there stated that the Bank of China, the Bank' of Communications, and the Central Bank expected to commence redeeming paper notes at the rate of one silver dollar for five paper notes from the 12th of the Chinese month, (October 7). 'The Bank of Com: munications was said to be ready to act, but as the manager of the Bank of China was absent, there, would be delay in settling the plan' of action. As for the Central Bank, the projected changes in its management prevented any mediate steps being taken. Whatever the scheme was, it was not to Include the 60-cent paper notes. was also added that the whole scheme seemed to depend, not on! the setting free of silver' by the Government, but on payments jer by the Salt Gabelle and the' Tikin stations. The Salt Gabelle, it was understood, was to find' a million silver dollars in three days
Text read from the printed page and cleaned; old type leaves the occasional error.