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NEW JAPANESE MONEY CONVERTED INTO POTS AND PANS

(Rec. 8 .m.) * TOKIO. May 16. The Japanese Finance Ministry has warned that severe penalties will be imposed on artisans who have been using the new; aluminum 5, 10, and 50-sen hoins as raw material for making articles more valuable than money, such as pots, pans, cigarette lighters, and shoemakers’ nails. The Ministry said that offenders would he liable to three months’- gaol and. heavy fines. The coins were issued last autumn to replace paper money of small denominations, and officials were puzzled by their disappearance from circulation. Most Japanese approve of the use to which the coins are being put, since nothing can be bought for such small sums.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19470517.2.66

Bibliographic details

Evening Star, Issue 26103, 17 May 1947, Page 7

Word Count
118

NEW JAPANESE MONEY CONVERTED INTO POTS AND PANS Evening Star, Issue 26103, 17 May 1947, Page 7

NEW JAPANESE MONEY CONVERTED INTO POTS AND PANS Evening Star, Issue 26103, 17 May 1947, Page 7