The Archive · 1940

Military Yen Affected

Hankow, Oct. 22

The reported successes of Chine yangtze river areas has The fictitious value and standing] lio military yen notes are numbered) of this currency has not been over= Yooked by. the' popular here are reported to have been vouring to "unlmd" their military yen, hich currency been boosted by its owners. to considered artiictally "high level oF [$10 to buy 100 trend of events One reported method has been tal sai marked diminution these of late, id that imports are Jags 'Another has been' 10. buy} alee.

The added advantage tangible asset with no polit Claims Denied Shanghai, Oct. 26.

Calling Chinese claims' of success in military operations south of the Yangtze this month merely efforts (0 cover up defeat and to deceive the world in order to obtain more sym= pathy and support, Col. Saito, "the Japanese army spokesman went on state at yesterday's press contercence here that militarily the Chinese forees do not constitute any opposite tion er problem, Col. Saito elaborated by describing in considerable detail the large amounts of war booty al-Teged to have been captured by Japanese forces which, the army Spokesman asserted, had inflicted ssses on the enemy' at ratios of 3-1 nel 26-1 as compared with their own losses. "He stid the average ratio had been about 32-1 In favour of the Japanese, The spokesman declared "Our operations have been carried out very effectively both in regard to mopping up and the destruction of Chinese positions."

As a result of the operations from October 4 to October 21, the Chinese left dead on the field numbered 0,704 and prisoners captured numbered '461 including five officers, The army spoils consisted of thirteen trench mortars, 2076 trench mortar shells, seventeen' heavy. machine-guns, 1,000 rounds of heavy machine-gun _ammunition, 74 light machine-guns and 14,800 rounds of light machine-gun ammunition, 1,165 rifles with 297,082 rounds of rifle ammunition, 128 re~ volvers, 432 bayonets, 24 horses, te telephone sets, nineteen rolls of tel phone wire, 1,500 kilograms powder, 300 piculs of rice, 350 piculs flour, 214 cans of kerosene, 1,000 army overcoats, 1,800 sets of' shirts ud underwear, 2,000 pairs of Chinese shoes, 3,000 steel rails, 4,000 railroad sleepers, 1,000 picks and' shovels and many other miscellaneous items.

Japanese losses were about 200 dead, said the army spokesman, Chuki Battle Col. Saito then stated that since the capture of Chuki on October 17, various Japanese units had been cor centrating at various point south-east of Chul Pamatun, Towshan, and Chishan where they were straightening out the above-mentioned spoils. The Chinese, thinking that the Japanese had withdrawn from Chukl, began concentrating around Chul; The Japanese, said the spokesman, attneked at once and the result the ensuing battle was 100 Chinese dead, ton taken prisonr, four Tight machine-guns and 24 rifles eaptured while the Japanese losses were six dead, It was then that Col, Saito {gave the ratios of losses, pointing out that they. were probably even more striking since only the enemy's dead on the feld were counted.

"The. number of wounded usually were three times the number killed, with the proportion on the losing Fide even greater, said. the army Spokesman, Col. Saito then said that by this reasoning the Chinese total lunges were near the huge figures of 200,000. whereas the Chinese army spokesman bad placed them at mere 10,000 which, the Japanese spokes~ man declared pointedly, indicated the feracity of the Chungking claims.

ypanese operations south. of the ngtze are continuing, Col. Saito fated, and are developing into a gens offensive with the frst objective being the destruction of Chinese con+ centrations, Chinese moral is prcetically nil, fed the spokesman adding that ing statements were merely'

irom a long distance to encour= the Chinese vent lines to resist To Be Sold Inland Shanghai, Oct, 27. Foreign luxuries, import of which by Chungkini, this month, the interior:

According to the Shing Sheng News Agency, all surplus goods which are not sola before the mits reached may be bought by the Government for entertaining. for guests or kept by those who bot them for their own use, The report states, howe order to avoid any unpleasant that may happen in carrying out the yew "arrangement, Government spectors have beh ordered. by Ministry of Finance to. "somewhat open. wrappers or covers of the Roods possessed by those who de-lore that they have bought them for their own use—this to assure that the goods can.never be sold again.

When buying such luxuries the Government will pay the "import unnouneed at the time of the goods' arrival at the first port this country" plus the Customs. duty The oficial price to he paid for odd TaN Bureau, the report states

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

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