Hard Hit; Smuggling to Japan Blamed The Shanghai Bankers Association will petition the Chinese government in Chungking for more five-cent and 1g-cent nickel coins to be sent to Shanghai in order {o settle the problem of the acute small money Shortage here. The shortage has become so serious that in numerous cases Chinese shops pay change with postal stamps.
It is generally believed in Chinese circles that the shortage is due to the fact that many merchants have been buying coppers for the Japanese, who are alleged to have shipped them to their country from Hongkew in large quantities, It is admittedly hard to control the situation here, as the Chinese government can not exercise influence over Shanghai. The order issued long ago by the Ministry of Finance forbidding people to smuggle out coppers under severe penalties has been ignored in Shanghai but it is strictly carried out in districts under Chungking's control
Text read from the printed page and cleaned; old type leaves the occasional error.