According toa statement. issued by Lieutenant-General K. Hayashi, the Japanese Gendarmerie arrested about 200 people who were suspected of Megitimate speculation in Canton''s various monetary units, but were re-Tensed after examination and were warned of the consequences of any further manipulation in the exchange.
"The authorities went to the extent of inviting all representatives of city money changers to the Headquarters of the Gendarmerie, asking them for their ce-operation in order to bring about normal circulation of currency," added the statement, Many Violations It was revealed that despite the warning, there were still many who did not abide by the regulations governing "authorized" rates of exchange. "To curb such illegality, the authorities made wholesale arrests of all suspects who had refused to cept Chinese currencies at the authorized rates, and after cross examination, it was found that many of them had reaped unjustified profits by spreading certain rumours.
Atter warning all money changers that refusal to accept the different currencies at the authorized rates, or discrimination against any one of them would result in their arrest and [severe punishment, the statement Urged all citizens to report to. the nearest Gendarmerie station, without hesitation, any discrimination shown against any of the currencies in circulation in Canton—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.