Hu Han-min Goes and the Dollar Drops Sharply Canton, June 11 While oficial circles continue to explain that Mr. Hu Han-min's léeparture for Europe ts entirely for health reasons, numerous run jours are afloat regarding—impend-{ng political changes. These rum-fours are causing the value of the local currency to decline sharply in elation to Hongkong dollars, the premium on which has risen from 40 cents per dollar to 45 cents, with every likelihood of a further advance, Bankers attribute the sudden drop in the value of Canton money to the Hongkong silver embargo, which, they believe, will result in many' silver coin flowing back to Canton.
It is reliably learned that the teaders of the Southwest Political Coun-ell are holding a conference to [discuss the course of action to be followed in view of the new situa ion created by Mr. Hu Han-min's departure. It is generally believed that the prospects of a rapprochement, between Nanking and Canton are brighter than ever, but exactly what developments will occur is a matter
Text read from the printed page and cleaned; old type leaves the occasional error.