"Entertained at_ Bankers Club by Leading Local Chinese Organizations Having completed his survey. of he dllver situation in China, Senator countries to go on to a gold basis, that is, promising to pay their in-of ternal and foreign debts in zold when they haven't gold, and can't eft'Shanghai on July 1, was enter-obtain suffcent gold with which to tained to dinner on Junie 30 at the pay their debts. 'That does not mean Chinese Bankers' Club, 4 Hongkong that a gold.standard for all. coun "Road, by the Shanghai. Chinese tries may not be the best standard, Bankers Association, the Greater: Jany more than it would mean than Shanghai Chinese General Chamber la wagon is as good a conveyance of Commerce, the China Comntittee jas an automobile, but it means that of the International Chamber of lyon should not destroy your wagon Commerce, the Foreign Trade Assotiation of China, the China Com-nit you are able to, get-an ator mittee of the China Institute in 'There is no desire on the part of UAmerica'and the Institute of Pacific the 'United States Senate to. a 'Relations. fetally' 'x the price of silver. The Having been introduced by Mr.
Senate simply suggests that govern. Wang Usiao-lan, president of the ments agree to cease debasing and Greater Shanghai Chinese General melting up silver money coins that Chamber of Commerce, Senator Pitt-fare in use and permit the law of man said that everywhere he supply and demand to govern. had gone he had" been re-'The British Government of India ceived by foreign and Chinese contends that to carry out their g aficinds, merchants and bankers standard policy they must sell some Gram all he received every possible ver each year. The question sssiotance in carrying out his quiry. For this, he desiredpubtily this a fact? The second quest is, how munch do they have to sell? to express his thanks, Continuing, Senator
Text read from the printed page and cleaned; old type leaves the occasional error.