OCR Text |
Show PRICES IN CHINA The United States is spending money for barracks, headquarters buildings, transportation, gasoline and other commodities in China, but the official exchange rate of twenty Chinese dollars to one U. S. dollar is excessively high. The Chinese government permits per-mits foreigners engaged in relief, missionary and other philanthropic philanthro-pic contributions to exchange at the rate of forty-to-one, and this concession is extended to certain, officials for personal expenses. Some idea of prices in Chungking: Chung-king: Eggs, 7 Chinese dollars each; oranges, 16 dollars each, medium quality blue cotton cloth, 75 dollars per foot. |