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(4) After Japan's unconditional surrender, the Japanese
army withdrew but the conversion of the Japanese
currency and military bills has not been announced.
Therefore, at present 2,300 members of our association
are still holding the then currency and bills.
Despite our repeated demands for conversion,
the Japanese government has been employing delaying
tactics.
(5) Points for analysis:
a.
Japanese currency and military bills were
the only legal tender in Hong Kong at that
time;
b.
On the back of each Japanese banknote or
military bill it was printed that it could
be used to exchange for Japanese legal
tenders;
C
The Japanese government is existing but
the money it issued is inconvertible.
This shows that it ignores its international
reputation;
d. The then Japanese currency and military
bills are still in our hands, so they are
our private property and we have a permanent
right to claim conversion;