The Archive · 1939

More Details Wanted

Questioned by correspondents yesterday's press conference, neither the Japanese army, navy nor' embassy spokesman could give answers as {0 when the Yangtze would be opened, give a list of commodities "which would be restricted, and why the river was closed to foreign ships as far as Wuhu, excepting that the questions were being studied and that everything depended on military necessity and requirements The Embassy spokesman pointed out that foreign governments and the foreign press seemed cynical regarding the Japanese Governments declarations and emphasized that the Japanese would open the Yangtze as far as Nanking, as they had promised to-do, but should the reactions of the American" Government—and other governments-—continue cynical, it was possible that the Japanese people would become embittered, which would hamper future steps in the same direction, The Japanese were hoping to establish better. relations with the Powers and wanted to liquidate such problems as the extra-Settlement Roads and the return to normal conditions north of Soochow Creel Military requirements had not permitted settlement of these before.

The Japanese Government denied. said the Embassy spokesman, that its Scores of persers walking in Ne Jor esr wes On ssecuinDer out of control and smashed into th the large Chi

however, wes comparatively small. Rood. A Chinese cay, seriously with the bus rammed squarely int veatehing the New Note Issue to Be Made Shortly Shanghai, Dec. 21.

The third issue of another $500,000 cent notes to be circulated soon. by the Shanghat Branch of the Central Bank of China will entirely be five ent ones which fact may" partially help solve the problem of 10-cent and 20-cent note shortage in Shang-hal, it was reliably learned yesterday. The circulation of the second issue of 'a similar amount of one-cent and five-cent. notes will soon be com= pleted.

Chinese reports which state that the bank "had brought $1,000,000 worth of 10-cent and 20-cent notes for elreulation in Shanghai could not bbe confirmed yesterday and therefore the shortage of 10-cent and 20-cent notes, which is causing a teat convenience to the public remains a problem. With foreim and Chinese banks shipping many $1 notes to Shanghai. it ts reported that there is fear that there will be a $1 note shortage. Small exchange shops are Stil profiteering taking a few cents away from each dollar exchanged on the ground that there are not enough 10-cent and 20-cent notes 0 around. They always say that they too have been buying the cent notes at alors and declarations were mere "lip-service" to the Powers, but seemed that foreigners could not tat the Yangtze could not have been previously opened, because military' necessity.

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

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