Japan's CONQUEST IN NORTHERN CHINA.
. | FIRST OVERT STEP. Mightiest War Machine to Be Assembled. new currency created. United Press Association. —Copyright. (Received 11 a.m.) LONDON, May 26. The Sun-Herald news service says Japan has taken the first overt step towards creating an independent currency in North China by making the Bank of Hopei the sole bank of j issue in Hopei and Chahar. It is believed that Chinese Central Government notes will be ousted, paving the way for the yen linking North China ■with Manchukuo.
Meanwhile, the Japanese are reported to he mobilising the mightiest war machine they have ever established in, Chinese territory in connection with the probable annexation of five northern provinces. Four transports conveying a large body of Japanese cavalry and infantry -will reach. China on Friday. Japan's troops in North China will then he trebled. Chinese authorities fear an open campaign for annexation of Hopei, Shantung, Chahar, Shansi and Suiyan by Manchukuo, enabling Japan to restore the Emperor of Manchukuo to the Imperial Palace at Peking, where he will rule a vast territory from the Yellow River to the Siberian frontier under Japanese tutelage.
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Auckland Star, Volume LXVII, Issue 124, 27 May 1936, Page 7
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188Japan's CONQUEST IN NORTHERN CHINA. Auckland Star, Volume LXVII, Issue 124, 27 May 1936, Page 7
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