E.R. Wavering in Their Scheme Against the S.MLR.
Mukden, Sept. 7.
The question regarding the alteration of the present fixed Gold Rouble-Yen exchange rate by the Chinese Eastern Railway a measure calculated to deal a blow to the south-bound traffic of North Man-chanan produce vid the South Munchuria Railway, has not yet vern definitely settled because the stout opposition the proposal has met from various quarters, in the first place the S.MLR. Ca, Under the date of August 27 the General Manager of the C.E.R. announced the enforcement of the new system from September 1, fixing: the exchange rate for all interlineal through freights to and from the Ussuri Railway and the S.M.R. at Y.114.80 to G.R100 instead of ¥.103.50 as heretofore. This order however, aroused strong protests not only from the S.M.R. and Japanese merchants, which was natural, but also from the Chinese General Guild in Harbin and other Chinese and Russian commercial bodies, who objected that since the proposed rate was not fixed once for all but subject to monthly changes, the ensuing uncertainty would "cause great inconvenience to trade, They also objected to the retention of the imaginary gold rouble currency: in the face of this compact opposition the Directorate wavered in_ its original resolution and agreed to a postponement of the new system for period of seven days. They now seem inclined to modify their attitude, and negotiations with S.M.R. Ca. are to be opened, a joint committee having been appointed the two parties concerned. Reuter. protection and troops were at once ordered to go out and fight the: marauders who meanwhile had fled.
The villagers are reported te be in a most pathetic condition,
Text read from the printed page and cleaned; old type leaves the occasional error.