NEW ISSUE OF VICTORY BONDS/SMUGGLING OF RICE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00926A002400010045-7
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 14, 2016
• Document Release Date: January 8, 2002
• Sequence Number: 45
• Publication Date: July 3, 1950
• Content Type: REPORT

ApprovecTForlRelease 20rd4z%"$?@010045-7
CENTRAL INTELLIGENCE AGENCY REPORT NO.~
COUNTRY China
25X1A
INFORMATION REPORT CD NO.
DATE DISTR. JuIr 1950
SUBJECT New Issue of Victory Bonds/Smuggling of Rice NO. OF PAGES 1
PLACE
ACQUIRED
DATE
ACQUIRED BY SOURCE
DATE OF INFORMATION
25X1A
25X1A
THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE NATIONAL DEFENSE
OF THE UNITED STATES WITHIN THE MEANING OF THE ESPIONAGE ACT 50
U. S. C., 51 AND S2. AS AMENDED. ITS TRANSMISSION OR THE REVELATION
OF ITS CONTENTS IN ANY MANNER TO AN UNAUTHORIZED PERSON 13 PRO-
HIBITED BY LAW. REPRODUCTION OF THIS FORM 15 PROHIBITED.
SOURCE
25X1X
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
25X1A
THIS IS UNEVALUATED INFORMATION
bD 25X1X
a s -
many of the shops in Sinyang have been closed, Business is at
still for most people. It is said that grains and all foodstuffs in
China are exceedingly cheap,, yet people cannot purchase them, for they
are stripped of all funds. That has*come to pass through taxation and
the purchase of Victory bonds.
_2a "Now a new issue of bonds is heralded and one wonders what the people
will use or sell for conversion to the necessary currency.
25V A
"Food prices I tLn Hong Kong are about four times as high as they
are in Canton and across the Border,, and so there are attempts at
smuggling rice across the river that divides New Territories from
Communist China. Ten such smugglers were shot and killed last Saturday
morning. Others were wounded by the Communist Border guard."
CLASSIFICATION CONFIDENTIAL/US OFFICIALS ONLY
ARMY
NSRB
DISTRIBUTION
Approved For Release 2002/07/24: CIA-RDP80-00926AO02400010045-7