Establishment of a Farmers' Bank, so that "the economic foundation of a new China may be built upon a solid basis" has been decided upon by the "Reformed Government," the Nanking' administration announced in a statement issued yesterday.
The creation of such an institution was urged in a set of proposals presented to the joint commission of the "Provisional" and "Reformed" Governments by a delegation of about 100 Chinese from Kiangsu, Chel&ang and Anhwei when the commission met in Nanking early this month, according to the announcement.
Other recommendations contained in the proposals included the establishment of a federal government "founded on the principle of anti-Communism for the salvation of China" and the promulgation of a provisional constitution for the new state.
Text read from the printed page and cleaned; old type leaves the occasional error.