ment. Both have one 1 apjwinted by the the Republic the recommen of the Governor.
The Director's Duties The follawinz affairs shall be de-ined by the Court of Directors to be! carried out by the Governor.
1, To formulate the policy of! decide the amount of not issue.
Notes ax Legal Tender Nanking, Oct. 30. official mandate issued the Ministry of Finance of the National Government, copies of which are being posted on the streets here, it is announced that the notes of the Central Bank, of which Mr. T, V. Soong is the gove ernor, may be accepted as legal forder in all monetary transactions. The Government offices will accept Central Bank notes for payment of taxes, and they can be used for debt payments, and in all business dealings at par value, The official mandate follows:
The Mandate "The head office of the Central Bark at Shanghai will be formally spaned on November 1. According -to the regulations promulgated by the government this year regarding: notes to be issued by the bank all $1, 85, $10, $50, $100 noter issued Ly' the Shanghai ofice of the bank may be freely circulated on all Fublic markets as legal tender at par Salue, The notes may be acopted for payment of taxes oF other public funds, and for payment: of debts. They can also be used in_all business. transactions.
The bank hax a large old ro-serve fund, Holders of the notes may come to the Shanghat office on any day during office hours and have the notes cashed. There is no limit fixed on the amount of notes to be cashed by one individual fon any one day."
"In regard to the small money' notes issued formerly by: the head: quarters of the Commander-in-Chief of the Nationalist Army, they may he cashed at the local offices, specially opened for the pu Tt ig reliably reported that the authorities are also making plans regard to the Central Bank small maney', moter issued by Honan, Kiangsi and Kuang provinees, mores" neten intued by Tupeh, Hue nan and Kiangsi provinces, and the notes issued by the Hankow Office of the hank. Official announcements, regarding he above notes will he made Ister.
To plan how to centralize the AR reserve funds.
Hitherto Central Bank notes not To approve the budget of the only were not accepted at par value, bank and the statements of} accounts, but were not ne cepted anywhere in To draft Rules and Regul
Text read from the printed page and cleaned; old type leaves the occasional error.