The Archive · 1938

Discussed in Hankow No Formal Conference of Bankers Being Called

Hankow, May 31.

Only questions relating to local finance. will be discussed at the Bankers' Conference which opens here tomorrow.

.'The Ministry of Finance has instructed all managers of the Central Bonk, the Bank of China, the Bank of Communications, and also the managers of provincial banks, to come to Hankow for the conference.

It is understood that the conference has been called for the purpose of devising ways and means of effectively carrying out the recent regulations promulgated by the Ministry of Finance for strengthening and stabil lizing the financial situation in all parts of China. It is emphasized that! there will be no formal conference.

The va¥ious marriagers have been instructed to come here to exchange Views with the Ministry of Finance, in the form of conversations, so that the ministry may be better informed regarding local financial conditions, and also the financial needs of each Farticular district.

It is understood that the banks wi be urged to extend small local merchants, to lessen the suffered by small business ments as a result of the war.—Reuter,

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

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