FINANCIAL PANIC
WORTHLESS CHINESE NOTES Hy Cable. —Press Association. — Copyright. SHANGHAI, Friday. An economic crisis and financial ianic reign in the three eastern pro'mces controlled by Chang Tso-lin ° n?® *° depreciation of the currency. Chang has attempted to remedy the •tuntiou by arresting and executing number of leading exchange brokers a charges of upsetting the money market
r °ot of the evil Is the reckless a ? reatr lcted issues of notes, which fr* “*** forced upon the population . the purpose of buying war sup- * (**- The notes are worthless. •Mne hundred native firms have kspended payment in the last two months.— A , and N . z .
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Bibliographic details
Sun (Auckland), Volume I, Issue 282, 18 February 1928, Page 9
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102FINANCIAL PANIC Sun (Auckland), Volume I, Issue 282, 18 February 1928, Page 9
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