CO129-512-1 Political situation in China- and Canton 30-11-1928 - 23-5-1929 — Page 101

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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100

12th March as follows:- "Hearty thanks for your

courtesy and entertainment extended to us during

Wishing you every

our stay at Hong Kong.

success and prosperity".

8.

Reports from Canton since Marshal Li's

departure indicate a certain feeling of

nervousness.

This has caused fluctuations in

For a short period

the value of paper money, which is now about

eight per cent below par.

also there was a run on the Central Bank which,

however, succeeded in weathering the storm.

There are no signs of unusual military activity

in the province and the fact that Generals Tsui

King-tong and Ch'an Tsai-tong, both of whom are

loyal to Marshal Li, have remained in Kuang tung instead of proceeding to Nanking may have some

significance.

9.

Towards the end of February a gathering

of Journalists was held in Canton and was

attended by representatives of a number of

Hong Kong vernacular papers.

meeting was the formation of a

The object of the

semi-official

association with the object among others of

securing uniformity in the presentation to the

public of Kuomintang propaganda. As a result

the "All Kuangtung Press Association" was founded

as a branch of the "All China Press Association".

The representatives of the Hong Kong Press brought

forward several resolutions and two of their

number were appointed to serve on the Executive

Committee of the Association.

10.

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