The Archive · 1926

Business at a Standstill

The situation now is that general exchange business is at a standstill. Except in the Government Bank, Mexican dollars can only be bought or sola at a risk too great for the average merchant to undertake. Since the trade of the cities has take account of both real silver currency and the paper fexgpiao, it naturally follows that for the present there is a sense of confusion, mingled with dread, diffused throughout the trading community.

At the same time the Mukden mint] is turning out a considerable supply' of silver dollars. These, however, are not being put into circulation to any great extent. They are mostly being stored for rome future use, which, according to an official of Government Bank, has not yet been made clear. ality Manchuria immediately, irrespecti of the rest of China.

Coniditions More Serious Than at First Reported Ang. 30. wer, who was assaulted here by Chinese students on August 27, is reported to be more serious than was at first believed.

In the same connexion, it is reported that another group of Chinese students invited the Secretary of the Chinese Legation to meet them at the Y.ML.C.A., where they intimidated him and forced him to telephone to the Metropalitin Police Board in the name of the Chinese Minister requesting the release of the arrested students—Reuter.

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

Your account