No. 50.

I.M. Consul-General, Canton, to K.M.Minister,

Confidential.

Peking.

37798 RECO Rea2

I.B.M. Genaui**

Canton,

July 25, 1914,

433

In accordance with the instructions sentained

in your telegram No. 18 of July #1 I have the

honour to offer the following observations with

regard to the redemption of the paper currency hither-

to in circulation in Kuangtung.

After having informed you by telegram that

the first day's proceedings had shown that it would be likely to go through moothly and without

disturbance, I had not intended to furnish you with an account of daily happeninga, as minor dif- ficulties which cropped up from time to time vere usually disposed of within forty-eight hours, but had intended to wait until redemption had been completed, so that you would be placed in posses– sion of a comprehensive report on the proceedings

in their entirety.

I aust/

Siz John Jordan, G.0.1,E,, K.O.B., K.O.M.G.,

So..

&o.

His Majesty's Minister,

PEKING.

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