Ministry's Reply to Local Chamber of Commerce Nanking, Nov. 15.
The Ministry of Finance has tel graphed the following order to the Shanghai City Chamber of Commerce regarding enforcement of the monetary reform and stabilization of commodity prices:
"Your petition of the Sth inst. (for stabilization of commodity prices) has bea received.
"The Ministry has issued a circular telegram to the various Provincial and Municipal Governments to adopt conerete measures for the stablliza tion of commodity prices.
Profiteers and speculators who attempt to raise commodity prices will be strictly dealt with in ace cordance with law, No leniency will be shown.
"Measures for the stabilization of foreign exchange are to be adopted A; by the Central Bank of China, the Bank of China, and the Bank of Communications. "The Ministry has already notified the three banks to adopt appropriate measures in this of legal tender notes and concentra tion of specie reserves against the note-issue are now being enforced by tsi the Government.
During the first stage of the forcement of the monetary reform, a minor portion of the people is likely to misunderstand the motives of the Ghesspea Central authorities, The Chamber is /horeby ordered to enlighten the people on the polloies of the Central Govern- Com ment, so as to stabilize the market situation, set the minds of the people at rest, and facilitate the restoration of national prosperity."—Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.