Nanking, July 13.
Measures designed to encourage circulation of Hua Hsing Commercial Bank notes will soon be adopted by the "Reformed Government" here in the avowed effort to. stabilize the livetihiood of the Chinese masses in Central China, rendered more dif Geult as a result of the slump of the Nationalist dollar," officials announced today.
Oficial payments wilt bbe made solely-in Hua Hsing notes, while the Ngovernment™ will accept only Hus Hsing notes in the payment of taxes, with the exception of Maritime Customs. duties.
Deposits will be paid out by the Hua Hing bank with its own notes, while banks and other financial Institutions will be encouraged. fo rewrite their obligations and claims terms of the Hua Hsing yuan Instead of the National dolier, they North cara Ssu Suvi Gon. Voting Banks and native banks will be urged to, ake Toans and other pay-rents only im ins Hsing While the exchange of National, currency into Hua Hsing notes will be made easier, they added.
"The Hua Hsing Commercial Bonk will "open branches or agencies in Hangchow, Wusih, Pengpu and Anking by the middle of August, they said. In addition to its main office in Shanghai, the institution now has branches in Nanking and in
Text read from the printed page and cleaned; old type leaves the occasional error.