sacer ce ace Soe Ab iris ase abe ce a they might get is itself only a note issued by a Chinese bank does not seem to have occurred {o these despisers of Chinese cheques. Pam unable to soe why a note for s10 issued by one of the note-ssuing banks "is any better than credit $10 tu, a Gurrent account sri the China ts up against a major crisis—most anous or many many years, The country had to years ago and accepted freely.
Now when China has soviets Ana cial and other alieulties opportunity: for those. who dale. to be'frlendly to this country to accept the regulations imposed, adapt themselves thereto and thus help the sorely {ried wheels of commerce to keep Some there are who at the frst sign of trouble did open accounts with Chinese banks, paid into them the Wer Watt cheques and these people are able to. continue busines, folleet old debts and from thole Wet Wait accounts pay out their obligations, "All kinds of Chinese. produce can be purchased and debts to Chi-concerns making their Chinese business, hotd thet In horror apparently forgotten the millions and millions." of -dolines they have collected from Chinese and" perhaps Fave na hope for the future. The heads of some of these concerns have {nthe past boon loud in. thole tale bout" Sino-Foreign felendship snd ce-operation, the people of this country and at the 1 eat 1. be of setae, a Same time to ourselves. we must {ll tents at Wis time of trouble and not me with Thelt banking areange-
seeking to, Impose arduous. and most impossible conditions. of tment clog up the machinery" which fan been devised (0 doab with situation: cotineso'banieaccept: Chinese chee My suggestion 1s open accounts in
que Tom sil the prope who reuular-{yo business with you in th probably ethers toomand pay "out your obligations to Chinese and others By" these cheques. "The Chinese banks are doing' their" best—-go into any of "them snd' see how busy they "are," Unters. this. huge eountey is t0 be absolutely smashed this war, and thie ts unthinkable, wilt not be tong before things will be "working smoothly again and the Siuation which ts vor pasaliel 10 that of 1932 cleared 'A. sure cure would be effected generally by exposing: a couple of main offenders fo the unholy din for twelve hours and ten infecting them with rabies in the absence of medical id, as a public warning.
Shanghai, Sept, 13,
Text read from the printed page and cleaned; old type leaves the occasional error.