ight-weight Coins Emharrassing Canton Market: Sucking Pig Tax the Latest From A Cuixnse Casnesroxonr, Hongkong, Mar, 26, The prohibition by the military authorities of the circulation of Hongkong currency in Canton mark= ets other than through the banks and money exchanges does not ap. Jpear to affect speculation in. local banking circles, according to the local press comments. Since taking advantage of" wireless conimunic tions to learn of the daily exchange rates in Hongkong, which govern those in Canton, speculators have been more active than ever. But the Canton market, on the other hand, nas been embarrassed by the appear: ance of not only base coins said to be the products of certain command ing generals, but also of depreciated copper coins of nearly 25 per cent. Jess value than genuine coins. These depreciated copper coins are now circulated on the market at. 154.50 for u local dollar, which itself is worth from 25 to 80 per cent. less than a Chinese national dollar, Notwithstahding the decision of the Commissariat of Finance of the Kuo: mintang in Canton to stop confxent ing the lands formerly granted to the Manchurian Bannermen, the Iat~ ter are still being dispossessed of their property. If the Kuomintang reg ince will finally stop this, more than 2,000 Manchurian families will bbe saved from eviction. Of course, those whose lands and houses were sold in the first two sales cannot very well reclaim them, The Municipal Department of Finance is now endeavouring to get the Kuomintan rescind the order stopping further appropriation of the Bannermen' So far, it ix said, the has not realized' any actual cash from the proceeds of the safes, many persons being afraid to offer tenders for lands which under another sdminietration might revert to their original owners
Text read from the printed page and cleaned; old type leaves the occasional error.