The Archive · 1929

Where Has the Silver Gone?

There are reports still current! that General Li will introduce military notes for circulation throughout the province, if the merchants do not produce enough money for his needs. It is feared that this would be too great a risk to run, so efforts are being made to devise some less drastic method of dealing with the situation. Only Sust before he left for the front, General Chow had redeemed all Bank of China notes, and it is a bit of a puzzle to know what has become of the silver.

Tt is said that a Government Conference has been held to-day at the Army Headquarters here consider the sending of a delegation to meet the Kueichow leaders to the north of this, with a view to linking up and forming an united Kueichow Government. A friend who is generally well informed told me to-day that he had heard that three prominent gentlemen of this city had already been asked: to undertake this task, but my informant was unable to guarantee the truth of this. These reports: rather suggest the wish which is 30 often father to the thought.

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

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