The Archive · 1936

False Coins Issued in Tientsin

Merchants Deceived by Imit Subsidiary Currency tientsin, June 29.

The mystery of who eiteulated $100,000 worth of subsidiary: coins, in Imitation of these coined by the Nan-King. Government, was cleared up here to-

Gen, Sung Cheh-yuan, chairiran of he Hopei-Charhar Political Council, was said to have learned that Mr, Hsiao Chen-ying, former Mayor Tientsin, prior to his resignation sold the amount of coins, made in the Tientsin mint, to a private broker for $60,000, Residents of Tientsin, believing the coins to be of Nanking manufacture, gladly accepted them in trade but Tearned the truth when the govern: ment banks refused to accept them, United Preess,

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

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