No doubt attention has been given to the circulation. of certain. statements which purport fo announce the specie provisions of the charter of the proposed Central Reserve Bank Ching." Unauthorized revelation" of that "kind, however plausibly Sponsored, eamnot be taken seriously and reliance on them must according ly'be avoided by responsible ob-Servers. The satisfactory method of atcattaining the conditions under which it is proposed that the new Institution will function ts to study the charter itself when it receives official publication in the course promulgation of the relevant enuetment. The principles generally yoverning the central banking system of other countries have been lately examined in these columns. Until of the Chinese Gov-re definitely known through the proper channels it would be high-Ly-undesirable to waste time in con= sidering. forecasts which cannot pretend to be more than what they are: sharpshooting speculations, with all the potentiality for error inherent in their kind.
Text read from the printed page and cleaned; old type leaves the occasional error.