By November 13, the Kuangtung government banks had absorbed $8,000,000 of the silver that had been in circulation. The $100 Provineial Banknotes were " released simultaneously and $1,000,000 of them were issued at once. This is one-fourth of the issue.
Hongkong notes kept rising on the exchange, with the top of $16.70 in Kuangtung banknotes for each $10 CLU. Dr. Chin, Inspector of Foreign Affairs, called on the foreign consuls in Shameen to try to win them over to the Chinese Government's way of thinking, that all silver in the foreiga concession should be sent in to one of the Chinese Government banks 'o be exchanged for paper. It is claimed that both the American and the British Consuls were in accord and will ask the banks under their jurisdic-_ tion to comply with the request, 'The Provincial Bank cannot keep pace with the demand for its paper tokens, and has had to to rush big dollar notes to other banks and exchange shops as a stopgap. These notes have been chopped 10 show' they are to pass as Provincial Bank' notes—$10,000,000 will be released, the: denominations to be $1 and $10.
Standing off Namshetau, down the
Text read from the printed page and cleaned; old type leaves the occasional error.