"This is needlessly adding to the amount of monetary circillatién and is gratuitously complicating Chin currency problem," he said.
The spokesman said that conside: able amounts of Chinese national currency which had been seized from the Chinese people, or obtained from the collection of customs and other revenues in occupied regions, have been used by the Japanese to purchase foreign exchange. All export goods had been seized or bought with "various forms of bogus notes," thus considerably reducing the supply of exchange that would normally have been available to the market, the spokesman said.
Despite Chinese Government regittictions, he added, large amounts unessential goods had been brought into Japanese occupied areas. He said goods otherwise unwanted were continuing to be imported for the use of Japanese forces in Ching. The spokesman said Chinas main trade was internal which vastly èxceeds her external trade. The Government's policy, he added, remains unchanged, namely, maintaining a currency adapted to the national economy and capable of serving freely as a basis for legitimate transactions,
Text read from the printed page and cleaned; old type leaves the occasional error.