CHINA: Yen's Move

Having resonantly declared his independence of the Nationalist Government fortnight ago (TIME, April 14). General Yen Hsi-shan, "Model Governor" of Shansi, moved rapidly last week, seized the entire customs receipts of the city of Tientsin, with the exception of the 5% assigned the city by the Nanking Government for liquidation of foreign and domestic debts. There will be left some $4,000,000 a year for Yen.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!