THE CHINA MAIL, DECEMBER 27, 1937.
Page
JAPAN ISSUING NEW NORTH CHINA CURRENCY Associated Reserve Bank" To Be Formed
CHINESE BANKS TO
SURRENDER SILVER
Tokyo, To-day.
A Japanese report from Peiping says that mov- ing to ensure financial stability in the area under its control, the "provisional government" has de- cided to create an associated Reserve Bank of China
BRITISH
OFFICER KILLED
Haifa, To-day.
ALL MW. Mountain, of the 1st
Battalion, the Border Regiment, who was seriously wounded in fighting against Arab rebels in- the Hills of Galilee on Saturday, has died-Reater.
Capitalised at $50,000,000, the new organ will BRITISH BATON
issued inconvertible currency accepted at par with Yen and Manchukuo Yuan.
OUTER MONGOLIA AGREEMENT
Hankow, To-day.
Capital of the bank will be sub- [scribed in equal parts by leading Chinese and Japanese banking or- ganisations.
Japanese institutions participat- ing in the project are the Yoko- hama Specie Bank and the Bank of Taiwan, and Chinese banks sub-1 scribing include the Provincial Bank of Hopei.
SILVER RESERVE
LUNATICS AT LARGE IN FRANCE
Paris, To-day.
A fire on Saturday night destroy- ed the lunatic asylum at Mon- tredon, near Lepuy, where 135 in- Imates were housed..
The bodies of seven inmates have been recovered, and it is fear- ed that another is still under the debris.
Twelve dangerous lunatics es- caped during the blaze-Penter.
FOR ANTI-JAPANESE STRIKING
ORCHESTRA
WORKERS SPEND
Tokyo, Dec. 21.-
CHRISTMAS
Paris, To-day.
Recalling the Triple Intervention The transport workers of 1895, which prevented Japan continued unsettled from annexing the Liaotung Pen- insula after the Sino-Japanese war of 1894-95, M. Soho Tokutomi, the
imas.
over Christ- It is learned in official circles that an agreement has been reached be-
Precautions were taken by the tween the delegates of the Chinese
"grand old man of Japanese jour authorities to ensure an adequate Government and the Outer Mongo-
All these banks will be required nalism," to-day warned his co-na- supply of food. lian Government as a result of pro-to surrender silver bullion and cer- tionals against a repetition of Large quantities of supplies of all tracted negotiations at Sianfu fortain securities to the réserve organ.foreign intervention. the restoration of Chinese jurisdic- tion over Outer Mongolia.
sorts have accumulated at Paris The new institution will apply to
railway stations Trans-Ocean. Writing in the Tokyo
Nichi- a Japanese banking syndicate for Nichi," of which he is the Associate opening credits of 10,000,000 yen to Editor and Adviser, the 74-year-olds apparently planning to ~ inter- "Great Britain," the article said, This agreement will be given ef be used to maintain stability of the publicist urged the nation to take fect as soon as ratifications are se-currency and for industrial deve every possible measure to preclude versy by organizing a joint front vene in the Sino-Japanese contro- cured from the respective Govern-lopment.
the possibility of foreign interfer- ments.
Gold and silver also will be pur-lence in the current dispute with with the United States, Soviet Rus- chased by the new organ to replen-China.
sia, France and China, although it Another important conference, atfish its reserve.-Reuter.
is uncertain thus far if these pow- which the Governments of China;
Full co-operation, he declared,fers are ready to play in an anti- Soviet Russia and Outer, Mongolia
must be maintained with Japan's Japanese orchestra to a British ba will be represented, will be held at aid to China. Madame Sun Yat new, allies, Germany and Italy. ton." Domei. Sianfu to-morrow for the purpose Sen and Mr. Sun Fo will represent of working out a plan military China at the conference. Hua Nan.
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ING
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HIS BATTLES OVER.
One of the valiant Chinese rearguard that held out to the last against the Japanese invaders dead at his post.
Nanking,
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