The Archive · 1938

Stabilization

Aid to Be Given to Small Trading Concerns In accordance with resolutions of the Hankow Bankers Association, Shanghai Chinese banking cles are studying plans for the stabiitzaticn local currency and the encouragement of investments ip "productive enterprises, Chinese sources saló yesterday.

Decisions have also been reached by local banking circles to give aid to small traders and farmers in ili form of loans, As they did before the hostility local banks have. decided to appoint a committee to grant small credit loans for the rehabil tion of commerce and industry.

Loans ío farmers will be handled the local banks' branches in the interior, Chinese sources understand that these schemes will be put into effect next month,

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

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