Harbin, July 6.
amazing coup by Chinese gangs was perpetrated to-day when a party of 60 Japanese, who were fishing about three miles from here, were attacked by a large number of Chinese and stripped of all their posses sions. The assailants escaped. system are unemployment and the differing concepts of parents and jehildren which, year after year, Following the return to Taiyuanfu lof, General. Shang Chen, Chairman of the Shansi Provincial Government, the financial situa tion was further reviewed and definite decisions have now been made for a continuance jor the redemption of the Shansi lProvineial Bank notes. As the new scheme means that holders of notes Iwill suffer serious loss, it is. no: being received with enthusiasm and ithe general effect in increasing confidence of the merchant classes is) practically negligible, Commencing next week, the notes late to be redeemed during a period jof about three and a half years, [Drawings of thirteen terminal' numbers are to take place every six months, the rate being $1 silver for 12.50 in notes, which means that the provincial authorities will write of jo sum of no less than $25,090,000 in notes.
It is to be feared, however that this will not the end of the trouble as the notes will no: be met with silver but with a new Inote issue having par value, and although an arbitrary standard of exchange may thus be imposed on 'Taiyuanfu and in surrounding districts, it is doubtful whether these motes' can be forced on outlying ind any attempt to negotiate in the open market inevitably lead to heir deprecia lation.
The - Shar Provincial Bani is Jwidens the gulf between the elder also making an effort to increase generation and the rising genera-its working capital and as an for, And this is. trus not merely ducement to subscribers is offering Japan clone; the process may be cash payne of $20 and a een at work in the entire Orient—|nominal $100 share—both la silver from Cairo to Canton and from [Calcutta to Kobe.
Japan is striving hard not to jettison the old; while she has succeeded in many things, yet in the ffemily system events seem to be! accordingly, feveria ing made to devise ju-lin of the West con be adapted to a form that will harmonize with the culture lof Japan. China, on the other band, with her less. versatile spirit for $300 in Shansi Provincial JBank notes—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.