The Archive · 1938

Kuomintang Party Congress

Controversy Over Venue is Clearing) Up Hankow, Mar. 14. After a good deal of discussion Tientsin, Mar, 18 'The new Federated Reserve' Bank notes have been accorded 5. mixed Fesepuon in this ely.

the 'Native City and Special Areas the notes ere "widely" it~ iis Wwhere they were accepted by Stops' without "aiieulty. Larger Stetmesces were Feadily" dealing) in

twere also accepting the new notes.

wae Goverment: Tax OMe Exchange. shops. int the Concessions fare dealing in the notes at par with], the Yen.

"The new currency issue is also being accepted by the Customs but the Post OMice has not. yet received orders in this respect from the Direc-for-General of Posts.

Business in cotton is almost suspended, dealers maintaining that Farmers in the interior refuse to take the new notes.

"The notes are being refused by the foreign banks, in view of their uncertain exchange value, The Chinese Government banks are not dealing in foreign exchange,

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

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