The Archive · 1936

Problem of Withdrawal of Old Coins

Nanking, Mar. 11.

The problem of the withdrawal of the old. subsidiary coins after the circulation of the new stil remains the stage of consideration regards details. The Ministry Finance is learned to have rejected the request submitted by the Cen-{ral Bank, the Bank of China, and the Bank of Communications for the redemption of the old small money coins at the rate of 23 ten-cent pieces for $2 legal tender notes, the refection being based on the. finding. fuy the Central Mint in" Shanghai that the intrinsic value of 23 such pieces 1s less than $2—Central News.

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

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