The Archive · 1930

British Troops Leave Peshawar Peshawar; Aug. 24

British troops have been totally} withdrawn from the city—Reuter.

Moscow, Aug. 21

It is officially stated that nine persons, found in possession of large sums of silver, have been shot after a trial by' the Ogpu on charges of hoarding silver coins, foreign currency and gold, and of spreading counter-revolutionary rumours.

(On August 17 the Ogpu sentenced to death four men described as "the most mischievous of the hoarders of silver coins." Numbers of others, also charged with hoard ing silver coins, were sentenced to various terms of imprisonment.

The reason for the action of the Ogpu is the shortage of silver throughout Russia, Aug. 22.

'The execution of silver hoarders is part of the campaign of the Authorities drastically to combat the! panic which hes arisen, especially' among the peasants of the central provinces, concerning the stability of the paper currency.

As a result of this panic there has been difficulty in some areas in, purchasing goods except for coin. been a considerable silver hoarding while many traders are refusing to accept notes or are demanding double prices if they are paid in notes.

The Ogpu has consequently determined to treat as counter-revolutionaries, coin hoarders and "inflation speculators" on the ground that they are trying to bring about a financial

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