The Archive · 1935

Free Schooling Asked for Kwangtung

Canton, June 1 The promotion of free education and the establishment of additional schools throughout. Kwangtung are advocated in the report of the pro-Vinelal Commissioner of Education, who suggests that the new institu: tions should include 80" primary. which would offer a one-year course of elementary education, Despite financial diffiquities, the commissioner says, it has been decid ed" to establish five more technical schools. It is anticipated that about 3,000 students will undergo military Waining during the summer holidays Peiping, June 21.

That the death penalty shall be meted out to all those who attempt to smuggle silver from Peiping was the drastic decision made at a meet ing of the leading bankers here this morning, summoned by Col, Yuan Liang, the Mayor of Peiping Munlcipality, to discuss and. devise: measures for the maintenance of ihe Anancial stability' in this elly. This action was taken in order to prevent the further exodus of the local silver reserve and in consequence of the failure of several native ban 'The meeting was attended by the managing-directors of the Central Bank, the Bank of China, the Bank Communications, the' Kincheng Banking Corporation, the Continental Bank, the China & South Sea Bank, and the Yen Yieh Bank, and the chairman of the Peiping General Chamber of Commerce, The meeting also decided that a. general reserve treasury be organized that the assets of the various ative banks in the city be deposited in the treasury in order to safeguard them against. possible emergencies, In case of difficulties, the modern banks shall give them relief In pro-Portion to their deposited assets—Chekiai Agency,

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

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