The Archive · 1923

Bank Notes in China

To the Editor of the "Nortu-CHina Datty News."

Sir,—The financial chaos io this country is well exemplified by the character and appearance of the paper currency now in circulation.

Apparently in the issue of banknotes each bank is a law unto itself, with the result that no two banknotes of the same denomination issued by different banks are alike in size, shape or colour. As long as only a few banks issued banknotes the inconvenience was not extreme, but with the establishment of the numerous other banks which have sprung up during and since the war, each of which seemingly took a fiendish delight in issuing paper money different from any

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

Your account