The Archive · 1938

Military. Scrip

'The Japanese publi, both Shanghai and in other parts of Cen-wal China are being requested to id in the smooth circulation of military' scrip which, since November 1, has been linked with notes issued by the Wank of Japan, the "Shanghai daily, reported yesterday morning.

Hitherto, the paper reported, the circulation of " Japanese military scrip had been confined to" those [shops and stores especially commissioned to cater to.the military, but owing to the gradual widening of their sphere "of circulation, the Japanese populace is now encouraged to give the same credit to military scrip as to regular bank notes The smooth functioning of the jgurreney system in the areas under japanese occupation, the paper [stressed, is the most important prerequisite to the development and rehabilitation of those areas.

"Foreign machinations," the paper claimed, ""are constantly jeopardize ting" the smooth circulation of Chinese currencies and consequently undermining the economic stability of Central China.

The widening of the sphere of circulation of military" scrip, the Daper asserted, is designed 10 east the currency problem and bring Jabout an economic balance me the [Japanese occupied areas.

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

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