CO129-412 - Governor Sir May - 1914 [7-8] — Page 444

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I must confess that the practical working out

of the scheme has largely stultified the pessimis-

tic views previously held by myself and others and

has furnished many surprises.

1.

.OE .DE

bentstres asoltantoni edt 19kw ssaskrossa mi

add amd 1 M yist to 8¿ ‚ek mezzeled quoy at

džiu naoljavzende galwallo) odź zelio of zuband

-zedtid yonezzve zezag edź to soliquabet ed‡ of braşez

„zautgaux mi sot‡sigente mi os

tadz mazyaled yd vớy berzolat yalvad tediá

$1 tadt zvoda bad agaiboooong a'yah Junih odt

Juoddiy ban yidżomm dyvəndt og of pielii od klưow

voy dataset of bebredaż ten bad 1,00«adzytałb

-lib toxis an‚azalmaqŋad ylish to tavooos as dikw

OTOW BEIJ Of salt mozi qu borgexo dołdy nettinett

Jud ‚azvod zdyle-qdzo? aidžiu to bemoqnik yiispau

goed had saltymoker Iktas dław of bebantal bad

-ceanoq el bessig ed birow voy dadd an „bateľquaS

agalbostotą add no troyez evtɛsodezquoe a to soin

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The comparative accuracy of the estimate of

the number of notes in sirculation furnished by

the provincial government. The number was by thêm placed at $52,500,000 and, so far as one can see at present, not more than $55,000,000 are likely

to be presented. It is impossible to give exact

figures until July 25, the day on which the regis-

tration lists are to be finally closed.

2.

The absence of forged notes, seeing that up

to date the chief cashier has only discovered $686

The Chinese out of a total of over $17,000,000.

can readily detect forgeries and are frightened to present them, as, at the Redemption Office they have

The forgeries to account for their possession.

are mostly in the $1 notes printed in Shanghai last

year.

3.

4.

The ready aequiescence on the part of the holders, after preliminary protests in the local presa, in the rate of exchange fixed and the or- derly manner in which they conducted themselves.

The capacity and honesty displayed by the

although Chinese staff engaged by Kr. Tang, who,

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„zodziail a'ężnoṭak užl

totally untrained, in a few days' time proved themselves the equals of the staff of an old

●stablished banking institution.

The fact/