Whether or not this report represents wishful thinking on the part of new Chinese authorities, only time will, tell as reports published by other Chinese" news par unanimously slated recently that the new notes would not be supported by either foreign or Chinese banks, including Japanese banks themselves." Some Lime ago, the Ministry of Finance at Chungking warned the public here against using the new notes That the new notes are conflicting with Japanese interests is_revealed by the editorial published by the same paper, The paper expresses the hope that those reasonable Japanese who from Sino-Japanese ce-operation will realize that by impairing the "economic integrity" of this country, Japan wilt "lose. the object of cooperation." The paper suggests. that the Federal Reserve. notes issued in the north "should ultimately" brought under control and. that the position. of Japanese military notes should be readjusted. Hope is expressed that circulation of military notes will not depend on "political
Text read from the printed page and cleaned; old type leaves the occasional error.
