Draft Adopted by the Central Political Council Nanking, Mar, 24, Atlor careful study by the Codlcation, Finance and Beonomles Commitlees'of the Central Political Coun-ell for over a year, the draft law] for the organization' of the Central Reserve Banke of China was formally adopted by the Council at its weekly meeting "this morning, The final draft will shortly be referred to the Loglstative Yuan for approval and enactment, High lights of the draft. include the stipulation that the Governor the Reserve Bank should devote full time to his job and that the "bank of banks" be capitalized at $50,000,- 000, "Special rights will be enjoyed by the new banking house and the] jy" scope of its banking activities are algo set forth in the dratt—Central Nows.
Text read from the printed page and cleaned; old type leaves the occasional error.