The Japanese community of Sha that will place itself on the inward" beginning on January 1, the local Japanese dailies reported Tuesday, Dee. 10.
The decision to adept the yen as the unit of exchange in all commer-lal transactions was made by the directors of the powerful Japanese Commercial Association on "Monday, after a three-hour discussion.
The Association, which unites the small and medium-sized shops in the Hongkew District has already the understanding of the Japanese consular authorities here, the paper sal Japanese banks here and in Hankow have also agreed te allow temporary current accounts in yen.
'The movement, according to the "shanghai Nichi-Nichi," has also spread to Hankow, where the Japanese. traders are' negotiating with consular officials and banks to adopt the "yen standard." The system has been used with comparative success "The decision to appraise goods in stores in yen, rather than the Chinese dollar, has been caused, accord. ing to Japanese papers, by the recent Violent fluctuations in the Tokyo-Shanghai cross rate and the "sudden enforcement" of the currency reforms on November 3. in Haiti from June, 1915, to September, 1916. He was attached to the Naval Station in Pear! Harbour, Ter~ ritory of Hawaii, from June,' 1918, to January 1920, and since July, 1933, thas been in command of the Marine forces stationed in Shanghai.
We had sea service on board the USS. Georgia from October, 1908, to October, 1909, during the time the Meet made a' world cruise; was on board the U.S.S. Minnesota and, later, the USS. Ohio, off Vera Cruz in ind during March and April of the same year was on board the USS. Connectictt off Tampico. From 'May, 1923, to October, 1925, and again {from November, 1927, to June, 1929, was Fleet Marine' Omcer, United States Fleet, Major Marshall has been attached: to the United States Marine Corps jin Shanghai since May this year. sie originally came here as an Executive Oficer of the First Battalion, but since August has held the pest of Regimental Operations and. Training
Text read from the printed page and cleaned; old type leaves the occasional error.