Taterviewed upon his arrival a Out 18 Paes ithe Minister yang hal from Nanking yesterday, 400) Dr. LIH. Kung, Finance, stated that active steps are now being taken to adjust and reform the currency system in Chin Dr. Chen Chin-tao, Chairman of the Currency Reform Commission of the Ministry of Finance, will shortly come Shanghai to discuss with local financlat leaders the necessary measures In order that the needed reforms may be effected within the shortest possible ame.
Referring to the silver problem, Dr. Kung said that with the enforcement of an increased tax on silver exports, the issue has been almost brought a conclusion, ax speculators and financial operators will no. longer profit by exporting the white metal from China hereafter. In view of the gradual stabilization of the currency in the country. he added that he does intend to hold further discussions with the local bankers on the question.
Mr. Lu Hsueh-pu, Director of the: Central Mint in Shanghai, has resigned, stales the Chekial News Agency. Tu view of his advanced and of the pressure of duties at the: various banks with which he ts connected, Dr. Kung said that he will be permitted to retire, though Mis! resignation has not yet been oMmeially accepted,
Text read from the printed page and cleaned; old type leaves the occasional error.