50217
630
TRANSLATION.
Extract from Goverment Gazette
REC
REG 200CT 16
5
October 31st 1918
@wing to the financial difficulties of the Government
for the past few years wholesale reform has been intro-
duced in the financial administration, and now receipta
are sufficient to cover all expenditures of the State.
However hereafter there are important financial affairs,
such as te unification of currency and the improvement
of the management of public loans which require to be
greatly developed. It will be noticed that the Bank of
China and the Bank of Communications, which are in nature
National Banks, have won great public confidence, and they
have for years past rendered affective services in the
management of the Goverment Treasury and the issue of
Bank notes. These Banka are hereby ordáred to continue
to expand their business according to the policy which has
hitherto been followed by tha Thus they will be able
to render services for the furtherance of durrency Reform
and the success of the Public Loans. These two Ranka
should share together the above mentioned responsibili-
ties and do their best so that the plans of the Government
for the improvement of the currency system and the reform
of the financial adɛinistration may be attained. The
Ministries of Finance and Com unications are hereby ordered
to issue the above instructions to these two Ranks.