Travellers Can Carry Only Limited Quantities Peiping, Dec. 6.
The Manchoukuo Government has lately imposed restrictions on the amount of Manchoukuo Central Bank notes to be carried by travellers entering North China. The amount allowed for each traveller at present is $500, whereas formerly the amount as $1,000, according to the Tientsin "Yung Pao.
It is stated that the Manchoukuo government took this step in order to assist the North China authorities in making Federal Reserve Bank notes the sole circulating medium in North China.
The new restrictions will cut the amount of Manchoukuo notes in circulation by half, and those already in xireulation will be gradually redeemed by branches of the Manchoukuo Central Bank in North China.
Japanese, Korean, Mengchiang, East Hopei and Hopei provincial banks are redeeming their notes with Federal Reserve Bank notes.—Reuter, Japanese Menace in
Text read from the printed page and cleaned; old type leaves the occasional error.