The Archive · 1936

Chinkiang. Dee. 5

Economic conditions in Northern gress during the last few months, section of the country.

Not only have the tax revenues inthe districts registered a substantial increase, but the cure there is also becoming more a ind more stabilized, Mr. Chao said. A number of granaries in the rural districts, he. pointed out, is still uflltent and should be increased soon as possible.

At present, Mr. Chao went on to say, almost all of the private banknotes have been withdrawn by the Po Bank of Kisngsu and the Farmers Bank of Kiangsu. New subsidiary notes will be issued by. the two banks to meet the increasing, demand of the public. i More than 100.000 labourers have been engaged on the first stage of the Hiwai River conservancy work which is expected to be completed by the end of the year—Central News.

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

Your account