Peiping, Dec. 29.
According to information from Chinese sources, the old legal tender notes issued by the three National banks of the National Government will be further devalued early in the spring.
When devalued again such notes will be worth, officially, only 40 or 50 cents the value of the F.R. bank notes, these sources state. It is lean ed that the "Provisional Government' is taking this action with a view to absorbing the rest of old legal tender notes now in circulation in' North Chi The old legal tender notes were officially devalued 10 per cent. sometime ago and while money changers exchange F.R. notes for such notes at the official discount of 10 per cent. they charge a premium from those who need old legal tender notes—
The solution of the Arch-Jewish problem envisaged by the British Government, well-informed circles asserted, is in the nature of a project half-way between extremist Arab and Jewish claims. This project was believed to be inspired by the general principle of giving the Arabs the assurance that they are definitely at home in Palestine, while at the same time not going back on the Balfour Declaration promising the Israelites a home in the Holy Land.
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.