With the arrest of more than 35 persons and the discovery of two tinting machines and a quantity of Drinted notes, the Chinese authorities believe they have broken up a powerful counterfeit gang operating on large scale, The arrests were made by officers of the Peace Maintenance Corps, who, acting on secret information, raided a house at 128 Ho Ping Fong, Pao Sing Road, East Wan Pang Road, Chapel, on Saturday morning. There. two. modern printing "machines, 3 quantity of blocks, and counterfeit notes of the printed value of $200,000 were seized. Twenty-five persons, Including printers, were rounded up.
Information furnished by the arested persons led the officers to 2 San Sing Li, Jukong Road,. where further articles of an incriminating nature were seized -and more than ten persons were arrested, Following the raids, Gen, Yang Hu, Commander of the Peace Maintenance Corps, called on Dr. H. H. Kung, Minister of Finance, at the Central 'Bunk, and reported' on the seizure.
Text read from the printed page and cleaned; old type leaves the occasional error.