Fixed Monetary System Hostilities Still Held For North and Central Complaints were published by the China Being Studied Chinese press here yesterday against the alleged reluctance on the part Peiping, Jan. 25. of Japanese shipping interests in Government" at Peiping and the Shanghai to return more than 20 "Reformed Government" at Nanking Chinese merchant vessels which has concluded without any startling were chartered to them before the decisions, as far as the published pro-present hostilities despite the fact ceedings go. It was decided to estab-that terms mentioned in the leases lish offices in Japan and Manchoukto have long expired. and also to station representatives at The Japanese are stated to have Tokyo and Changchun. refused to pay charter charges since It was also decided to study the the hostilities. They verbally prom-monetary position with a view to the ised to deposit their money with a establishment of a fixed monetary Japanese bank and also to return system in Central and North China the boats after the conclusion of This is taken to indicate that there the hostilities but little hope is held will be an attempt to establish by the Chinese that the promises "Federal Reserve" currency as the Will be- kept. sole monetary issue in the Shanghai-'The vessels were chartered to the Nanking area, as well as in North Japanese which written agree-China. ments were signed but despite these The conference issued a statement agreements the Japanese have reupholding Prince Konoye's peace fused to return the boats to their terms of December 22, stating that it rightful owners even ifthe terms is in complete agreement with them. expired, it is alleged. and denouncing the supporters of Repeated negotiations have achiev-General Chiang Kai-shek as "public ed no results. The only case in hich the lease aments was new "Central fully carried out the return of they are being kept a the s. S tered by the close secret.—Reuter.
San Peh S y to the
Text read from the printed page and cleaned; old type leaves the occasional error.