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China Acts To
Curb niflation
NANKING, Dec. 2.-The Chinese
Government took drastic steps to curb
inflation and illicit trading when the
Executive Yuan appbroved the estab
lishment of finance and currency bu
reaus in all the large cities throughout
the country-Shanghai, Tientsin, Han
kow and Canton.
These offices are designed to stLiper
vise overseas remittances, internal
loans, gold bar and foreign currency
dealings.
The bureaus will have the full sup
port of local and special austerity
pdlicemen. who are permitted by law
to search the warehouses and the
business and banking accounts of all
business concerns in China.
The bill also includes foreign bank
ing concerns in China.
The bureaus will make reports to the
Central Bank of China.
The order becomes effective from
to-day.-A.A.P.-Reuter.
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