'The 'National troops have brought {in with them a lot of paper money, fiotes of various banks. As' these have no Umitation for usability they sre welcomed by the business peopl change on Shanghai had been run ning at-from 30 to 40 per cent. pra fmivim, og It was almost impossible 10 find means of transmission, With he coming of these banknotes exchange dropped st once' 40" par hhotow for the most desirable issues, But, of course, the country folks are not yet ready to risk these pieces of paper. There have been" 40. many Fetes of stib which soon, became jworthtess "and they are. chary, fMnanciat conditions are a Dif une seitied. Coppers ave disappearing in this tte place. We are tala that ox change in'Kuelyang, only 60 It away, 6000 to the dollar. Here it was fomeially xed. at 7.500 and In a few [Rave dropned to 7.000, &n no wonder traders want to Duy' $80 of coppers Mere, carry It to Kueiyang and got 810 for it. There is danger that the cops, may put out more of these notes than there is demand for and feavse great derangement of exchange.
'Of course brigands are much a work "wherever there "is not Rood military' protection. Tt seems" almost Fhopeless that any' of us. will live to see the prevalent predatory customs for these people brought into control So many' millions of people. are Sut twaiting" for the chance "to. grab something not belonging to them, and the majority of enol. (ret txt it is uno cancer of theirs. that somebody else la being Tooted-—it ie Just "Lace" for "Heaven's decree." No use doing fnnything about it and no use to hope that anybody will concern themselves [sbout my being looted when my turn 'We have had avery mild winter far. "We are now in "Grout Cold" fand it is not at all cold. Some days funny, some cloudy, but' quite Joleasant, "No snow yel. But plenty time for that Soldiers Well Behavea (On the way we found National reaps at the river crossing and other Joinces. Here we fernd the city racked with National troops and the mission premises full of ofoers, We finally got coude of rooms for the four of us to lodge tu and are jinaing about quite amicably among The soldiers. They are well behaved and very felendly toward us. Of course they. are reticent of news. Shouth by their wireless eoulpment they know all that ig happening. A Jvoune captain told vs yesterday that ihe Communists have established Soviet in Tsunvi. That means they will take possession of all property jand have funds to employ soldiers at el They wil, of course, heve no trouble Anding men willing to wear their luniform when assured of fond ona some shadow nf naw. Mnnttiome will be the mest dimeult of their probleme. Rit T suspect it will not be easy to JAtelodse them from Teunvi. The officers here told us they would be: moving on in a couple of days, but five days have passed and no sign lof starting. They are supposed to toward our city, three days from here. snd then move eastward toward)Tsunyl. They say there are 60900 National troops now in Kueichow. Hin talking with some of them yesterday I said that they would not be going after the Commontsts right Jaway. as 1 knew they had other busi-nese to attend to.
They Ieuehed and said: "How do you know?" Of course T know, said T.It ig almost inevitable that the Nanking cavernment will take this fonnortunity. to. establish their aus thority in Kueichow if possible.
Text read from the printed page and cleaned; old type leaves the occasional error.