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Banks exist, the Chiang Chuns, Lieutenant Governors and and Governors shall order the legal officials concerned to station adequate troops and police at the branch Banks to see that this order be not violated by the said branch Ranks secretly exchanging notes or paying money to deposi- tors. They should also exercise control to prevent dis- turbances.
Any official, merchant soldier or civilian refusing to accept the notes of these Banks or to handle the same or who shall dispose of the same at rates below the face valus will be promptly punished in accordance with Article 9 of the Currency Law.
At the same time the co-operation of the Chambers of Commerce should be secured with the view that united efforts may be maintained. The two banks are hereby ordered to submit immediately to the Ministry of Finance a detailed statement showing the number and value of the notes of each denomination already in circulation
in order to check any excessive issue of the same. Let all strictly obey this order.
May 12th 1916
(signed)
Tuan Chi-jul
Secretary of State