The utter demoralization of the Treasury can be seen in their own claim that the Opium Tax Bureau in Hankow is turning in no less than $90,000 a day to the Government at present. If that is tra the ruin of the people is to follow on the ruin of all business And how can business Gontinue wien the property owners, who have already parted with two months' rents to the Government this year, and who receive most of their rents in paper notes, two mere months' iver in order that the Treasury Notes which they hold in large numbers from their tenants may be redeemed at a rate not yet fixed!
At a meeting of Chinese bu ness men, quite distinct from the meetings of the Chinese Chamber of Commerce, four decisions were arrived at:—
{a)—To oppose redemption of paper notes at any such rate for one silver'
(b)—To demand that paper notes! continue to be accepted in payment of all likin and other such charges.
'¢)—To address the Government asking for representation of busi re investigates the question of papi notes, especially with a view to finding, out the number really issued.
@)—To ark the Government severely to punish all who are responsible for the malpractices at the Central Bank.
Text read from the printed page and cleaned; old type leaves the occasional error.