Word: yuan
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Dates: during 1940-1949
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...boxes of matches and a roll of cloth. Every block or so the old man climbed out of his coffin to harangue the crowd on the evils of hoarding and speculating. Inscriptions on dancing banners and placards read: "Those who hoard are public enemies," and "Who damages the gold yuan will have his head chopped...
...Gimo had pondered, on the cool heights of Kuling, what he might do to save China from deepening disaster. Last week he flew back to sweltering Nanking with his answer-a program of fiscal reform to combat runaway inflation. China would have a new dollar, called the gold yuan, backed by $200 million worth of gold and silver and U.S. dollars. The fantastically depreciated old Chinese dollars must be traded in, at the rate of 12 million old for one new. The government pledged itself not to print more than 2 billion of the new yuans, and to back them...
...first report on the state of the nation last week, new Premier Wong Wen-hao said little that the Legislative Yuan did not know already. The Chinese Reds held all but a fraction of Manchuria. They were straining the Nationalist lines in North China. Some industry was already moving southward; more might soon have to go. Dr. Wong likened it to the great exodus of 1937-39, when Chinese factories were moved to the interior ahead of the Japs. But he promised: "Even though we are compelled to shift our center to South China ... we shall come back and drive...
Twilight Blindness. The angry Yuan demanded a listing of the exact measures to be taken. Cried a member from Central China: "Nearly all Manchuria and North China have been lost . . . Yet the ever-weakening strength of government troops and their low morale have not even been discussed in Dr. Wong's report." When the Yuan adjourned for the day, 132 legislators were still clamoring to speak...
Then Frank Buchman himself introduced a dozen or so "honored guests" for one-minute speeches. Dr. Kensuke Horinouchi, Japanese ambassador to the U.S. from 1938 to 1940, was "profoundly impressed with Dr. Buchman." Said grave, grey Dr. Chen Li-fu, newly elected Vice President of China's legislative Yuan: "The Chinese Parliament ... is still in session. But the urgency of the world situation . . . compels me to join forces with you today in this great international family." He told reporters earlier: "If Confucius were alive today, he would probably be here...