The Archive · 1938

Chinese Bond Interest

Ww the Editor of the "Nomn-Cuina Dai News"

Sit;—1 am interested in the letter of Anxious axe Cusrous in your paper of January 29, inquiring about Wei Wah of the interest of the Chinese Bonds, As connected with a bank, I take pleasure in telling him that Wei Wah means money on account that is to be paid and received through' the agency of a bank with cheques und Wei Wah notes. Until the present hostilities, Wei Wah was 'a8 good as ready money, because it would be paid in cash.' But now. adays the ease is different, The reason why the Chinese Government will pay the interest of the bonds in Wei Wah is to save the "Mecing of capital oF ready money."

Liv.

Shana i, Jan. 29,

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

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