Word: yen
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...disgrace. From staff officers in Shanghai came fervent but indefinite suggestions of a voluntary subscription among Japanese sailors for the relief of the Panay's victims and an official salute was delivered over the Panay's watery grave. The Nichi Nichi raised a fund of 3,466 yen ($1,008) in one day, printed the suggestion that an exact replica of the Panay be built for the U. S. At the U. S. Embassy a 30-year-old Japanese woman called in ceremonial kimono, whipped out a long pair of scissors, snipped off all her hair, wrapped...
...famed "Model Governor" of Shansi Province, General Yen Hsi-shan officially abdicated his command to General Huang
...Japanese advance on land toward Shantung had approached so near its capital, Tsinan, last week that prosperous Chinese families were fleeing with their household goods by rail to the port of Tsingtao. Farther inland General Yen Hsi-shan, famed "Model Governor" of Shansi Province, was reported to have ordered the execution of his subordinate General Li Fu-ying, Commander of the 61st Chinese National Division, for abandoning Tatungfu to the Japanese without a fight after being ordered to hold it at all costs. Under terrific Japanese bombing was Governor Yen's capital Taiyuan. In Suiyuan Province still farther inland...
...Weak Yen. Fortnight ago, Japanese Government bonds were quoted. at 90. Last week they had dropped to 76 and the yen was in a precarious position. Pessimists insisted that Japan had funds for only three months of warfare, must collapse financially after that period. Realists pointed that bankruptcy seldom stops wars, but pointed out too that China's finances, almost as precarious, have been in general improving as Japan's declined. Busily touring Europe recently, drumming up loans has been rotund Dr. H. H. Kung, China's Minister of Finance. Loans he got, both in Switzerland...
...same Japanese heat wave did the Army some good. Ablaze with patriotism, Japanese geisha girls announced that they would charge one additional yen (20?) to each patron every time he complained of the heat, the money going to the Army fund. Girls from one popular tea house had collected over $100 by week's end. Heat, patriotism and disability caused Shimezo Maho, Tokyo merchant, to jump into the cold Pacific off the island Oshinta, leaving his $3,000 life insurance policy also to the Army fund...