The Archive · 1929

Clever Note Forgeries

Notes of the Bank of Communications are looked upon with a lite tle suspicion at present. The notes formerly issued in Hankow are worth about 18 cents each, but those issued in Shanighai are' current at face-value. Forgers have therefore been at work altering, the imprinted "Hankow" to "Shanghai," ince the colour of the notes most identical. The fraud is not easy to discover, but of course tke Bank itself can check the serial numbers and decline to pay silver for notes that bear Hankow numbers even if the wording has been altered, Three Chinese firms, Kwei Tai, Wei Tai and Ming Tai, all largely concerned in the sugar business, failed to meet their obligations on the last settling day here. Business is depressed and there is a limited response to the suggestion for expenditure on a welcome to General Chiang Kai-shek. The Hankow Chinese Chamber of Commerce figures for $500 and the Wuchang Chinese Chamber of Commerce for $200. Of the $5,000 subscribed, at east $3,800 has come from Offices or Government Departmen' As yet the display of bunting is both meagre and cheap. same time the almost unequalled Powers of rectiperation and progress hich the Chinese by their patience trid motive ability are able to attain, When given even a small degree of Peace and quiet, "If the Chinese Government can maintain peace Sind wil rule with Justice and tex Aisely, it will find itself In an envy Tole place of security and prestige, due to the very force of the stability of the common people.

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

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