The Archive · 1930

Contrary to Soviet Policy Dee. 19

'The Soviet Embassy has issued' 'a statement to the Press regarding the closure <f the Vladivostok. branch of the Bank of Korea. This faction, the statement declares, was necessitated by the fact that the Bank's existence was contrary to the economic and financial policy of the, Soviet.

Emphasizing that it was "the! sole bourgeois bank in Russia," the statement avers that the Bank was 8 constant source of trouble.

Moreover, it declares, original) permission for the Bank to operate in Vladivostok was never given by the Central Government but only by the Local authorities, and because of this the Central Government hadj been considering for some time past} an order for the closure of the Bank.

Acccording to reports from Vladivostok the Soviet police are Keeping a sharp watch over the Bank of Korea. They are also) Keeping the movements of the, members of the bank staff under] strict surveillance.

The local Japanese community held a thas meeting to-consider what action to take, It is expected!

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

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