The Archive · 1928

Reorganization Scheme

Feb, 28, So as to be better able to reorg ganize the provincial finances, it was recently decided by the Mukden Board of locally collected revenue will have to be remitted tothe provincial treasury.and' all disbursements made only through the same agency. In order to support the fengpiao currency it has been proposed by the General Guild that the adoption of the large dollar standard should be strictly prohibited, that official maximum prices should be fixed, fand that the firms facing bankruptcy should be helped on their feet.

From Kirin and Changchun it i however, reported' that a larg number of firms are adopting the silver dollar or Yen standard, instead of the Harbin or Kirin dollar notes, notwithstanding the fact that the latter, temporarily, at least, have recovered considerably from recent depression, Harbi dollars (paper) being quoted a high nf 7.80 on February 20.—Reuter.

Marshal Wu Pei-fu is reported to have arrived at 'Tachu, Szechuan, where he is studying' Buddhism. The erstwhile Northern military leader is said to be accompanied by 1,600 trusted troops. ty. to revert. to] fully and eurnestiy recommend thai} receive the thanks of the Pro-sat and of yourself and be loted to Class three."

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

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