Shanghai, Sept, 27 Close ce-operation" between Chinese bankers in Shanghai jereate a "financial net-work" in the [south-west and north-west was' seen yesterday when it was reported that the former have sent representatives to the interior to establish branch Jotices, "To encourage Shanghai people to remit money to the interior, the "Domestic Remittance Control [Committee has been formed by the four Government. banks.
Since the outbreak of hostilities in Europe, the Chinese in Shanghai have been sending, large sums of money to the interior through the banks which do not collect remittance fees, it is stated. The scope of activities is said to have been 20 limited thi Chinese bankers here have given serious attention to the development lof the interior and theretare. they have sent representatives to establish Originally there were 3 2 yanks. in Suechuen, Kweichow, Kevan, Yunan, Kwangtung and Hunin but the mumber of the institutions has now been increased by 95. The four Government banks have established franch offices in practically all portant cities in these provinces. They are helping the people inthe Flank interior to develop all, Jenterprises and giving sistance to commercial institutions. "All Chinese banks in Shanghai are said to have been ordered to encourage people to £304" Jdeposit the money with the institu 'The Chinese Chamber of Commerce and Shanghai Bankers Association thave been ordered by the Ministry Jof Finance in Chungking to send a representative each to participate in the forthcoming public' examination of the cash reserve against notoissuing so as to strengthen the faith fof the Chinese here in the legal tender notes, the reports state. The joxamination of the cash reserve will will be held at the end of this month. p,
Text read from the printed page and cleaned; old type leaves the occasional error.