Hangchow, Nov. 8, The money reforms which "have been launched by the Government are the talk of the town. Shop-Keepers and business men pour over the dally newspapers discussing the pros and cons of the aims. and methods of the new system, 'Money changers and small shopkeepers are bewildered. Yesterday morning the change of $1. brought 265 coppers and later in the day it revolved again to 245 coppers for tone dollar' big money. "Rice shops had 'a nasty time of it yesterday," exclaimed a dealer. The people ran to make large purchases. with copper coin and this would result in loss of almost §2 on a land of rice at the store, But generally speaking, this development in the monetary affairs fof China ig acceptable, and there is {feeling of confidence' in the future outlook.
Missionaries Entertain The members and friends of the Hangchow Missionary Association met yesterday afternoon at the resi dence of Miss Leathers. Entertain ment was given by the Rev. and 'Mrs. WR, 0. Taylor and the Misses 'Moule, Leathers, Woods, Pureas, At the conclusion of the social bott, Mr. C. G. 8, Pearson of the Chinese Government' Salt gabelle gave a ost, interesting lecture, entitled Grains of Salt." The audience soon was aware that there was quite a halo of romance round common salt in the history of mankind for this commodity. We were told, that it had played a very large part both in commerce and religion, besides being one of the chief sources of revenue in China and other countries, The lecturer conducted the audience to the: great salt areas the world. Rock salt and salt crystals produced from the sea and subterranean brine were described, also earth salt, chiefly found in North Chine
Text read from the printed page and cleaned; old type leaves the occasional error.