The Archive · 1928

Seck Help in Peking

The general manager of the Bank of the Three Eastern provinces has gone to Peking to discuss the situation with the Taiyuanshuai, He was later followed by Civil Governor Jin, whose trip is also believed to have been partly for the same purpose, The root of the evil la the reck-

Jess and unrestricted issue of untrod notes, which have been mainly used for buying up beans and other the govern yen and silver dollars, The farm-having sold their crops, find themselves in possession of greatly depreciated notes only, their purchasing power thus being reduced to a mere fraction of what it would have normally been. The reaction from this must result in a deplorable shrinkage of trade in general.

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

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