Their plan, however, was frustrated by the Chinese Government issuing special regulations for the control of foreign exchange. Moreover the attempt to collect National Government notes was impeded in the beginning by the necessity of first calling in the large amount of yen notes circulating in North China, said to have amounted to Y.60,000,000.
The failure of the notes of the Federal Reserve Pank to assert themselves ce far as the sole currency of North China is due to three further reasonsi—(1) Considerable parts of North China, often those from which export produce is shipped, are still in the hands of the Chinese, the so-called guerilla areas, Here the new notes cannot be used and anyone caught with them in his possession is promptly shot. In con-Sequence all purchases from these areas have to be made in the old notes. (2) The Federal Reserve Bank itself has been unable to sell foreign exchange against its notes. The originators of the scheme undoubtedly hoped to be able to lay hands on the silver reserves still remaining in North China, amounting to $00,000,000, and to have used these as a reserve for obtaining "|toreign exchange.
But this silver is in banks in the foreign concessions in Tientsin. So far it has not been given -up. (3), The refusal. of the foreign banks to deal in F.R.B. notes or to sell foreign exchange for them.
Warned Against Proposal Jazz Band: A contrivance exten-fively used in restaurants for putting the din in dinner. hot water A story was told in. the "Schoolmaster" of a delegate (nationality not known) who, at the close of a World. Educational Conference, went up to a British delegate and, shaking him warmly by the hand, said:
"Vell, in case ye not meet again, uno!" see Shorthand Needed
Mirror" recently made a search for owa readers of Ue "pawr was the formation of this sentence "But this is positive antidisestablishmentarianism," observed the "vicar, anti-interdenominationalistically, A GROUP of Americans were dining in a Paris restaurant, and one of them wanted some horse-radish, but did not know how to ask for it. "T know the French {or horse' is "cheval" he said, "and rad, I suppose, is rouge,' and if I only knew the French for ish,' I could ask for some"
Text read from the printed page and cleaned; old type leaves the occasional error.