Wuchang, July 4.
The Chinese Press, during tt lest weak has devoted many columns to the discussion of the "Kivan P'iaa" The people ere very discontented with the arrangements made by the newly formed banking corporation for the stabilization of this paper currency. It was reported earlier that arrangements were being mads for the conversion of the old notes fon the basis of $350 worth of notes for $100 stock in the new concern and the opportunity of realizing even such a small percentage on what has come to be regarded as practically valueless vas welcomed by the poorer classss. Now, how. ever, these poor people ate perieneing all manner of difficulties in converting and are asking why the differentiation is against them It is reported in the local news that the students have received their first instalment of cash in exchange for discounted notes.
Text read from the printed page and cleaned; old type leaves the occasional error.