"We have adopted a careful and sound financial policy for the circulation of the new national cur-Feney. Some of our comrades have taken' us to task for having adopted the financial measures which in their view are considered as proving negative in results. For Instance, they have pointed out the fact that it is quite possible for us to compel the se of the currency issued by the Central Reserve Bank of China by the various big firms in Shanghai. Some of our comrades have declared that they are willing to accept the responsibility. of carrying out such measures. Although T rather appre. ciate and admire their enthusiasm, I cannot but say that what they have advocated does not coincide with the sound financial policy 1 have adopted. T have therefore firmly but politely. fold them that the financial measures they have proposed are not acceplable to me.
"This clearly proves that I am opposed to any set of financial measures. the application of which will result in upsetting and disturbing the financial market.
"The Chungking regime, on the other hand, has applied itself to those measures which ore causing a genal confusion (o the financial market. Three of our comrades who worked at the Central Reserve Bank of] China were killed and two -others injured when Chungking terrorists broke loose and bombed the premises of that bank recently. One of them, Comrade Djang Yung-kong. was disabled afler the amputation of one Tog. But that was not enough, for an attempt on his life was made shortly afterwards. No greater cruelty could have been inflicted upon human beings and none could have been to such a ruthless degree. After the shooting and bombing incident involving the Central Reserve Bank of China there followed a series of bombing incidents of a similar nature involving the local offices of the Central Bank of Ching, the Bank of China, the Communic tions Bank and the Farmers Bank of China.
"Was it not true that until the occurrence of these incidents, members of the four banks concerned had been able to carry on with their work in peace? Whether the members of these, banks will hereafter bbe able to enjoy: personal safely, when ther the four banks will evacuate from Shanghai and. whether their withdrawal will cause serious re. percussions in the Shanghai financial market are questions which will now invite the Chinese people to put to the Chungking regime. "The Chungking regime must be held en-firely responsible for the consequences of its own actions.
Text read from the printed page and cleaned; old type leaves the occasional error.