Chungking, Apr. 3.
Efforts of the Chinese Government to check the hoarding of daily necessities by war profiteers, are indicated an_announcement by the Chung: King. Bankers' Association, published the Chinese press this morning.
According to the announcement, the association has received an order, from the Ministry of Finance, stating: of daily necessities are soar-'Unserupulous merchants are hoarding commodities for profit, but ceerlain banks are also facilitating, such activities by granting toons. secured on commodities. Under the ame of a trust, certain banks are factually engaged in the purchase and sale of commodities themselves, or on behalf of their clients. All such transactions must be terminated at once. In view of the rise in food. prices, all banks must not grant Joans secured on foodstuffs. "Loans already granted must be withdrawn, while' {foodstuffs thus secured are' to be sold?
'The Bonkers' Association announces that hereafter no. teans will be }granted against daily necessities and foodstuffs, and those already granted faust be withdrawn at once—Heuter.
Text read from the printed page and cleaned; old type leaves the occasional error.