The Archive · 1933

New Central Mint in Shanghai

Interviowbd on Dee. 30 by the Kuo Min News Agency, Mr. V. Soong, Minister of Finance, stated that was intended that the Central Mint Shanghai, will be opened by Maren 1, 1983, for the coinage into dollars of, silver tendered by the public, at the rate of conversion of 'TAA tael cents for the dollar Mr. "Soong' also stated that the int will authorised to. cast We silver bars of a fineness of.099 having a fine silver content equivalent to that of 1,000 new such bars "to be on request at a d to the cost of minting dollars plus a refining. charge de-nding on the type of silver ten-lered, In this connection, Mr. Soong state that an Advisory Board to the Mint, will be formed, composed of well-known merchants and, bankers, who will assist in maintaining the fineness of the new silver dollar. A reputable firm of assayers will also be appointed offal assayers to the int

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

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