Fifty Years Ago

SHANGHAI (April 15): FOUR million Australian silver dollars and some 250,000 ounces of gold bullion arrived here yesterday to bolster Nationalist China's backing for the Gold Yuan.

The Australian dollars will be melted down for the coining of Chinese dollars, according to Chinese press reports which said that they were contracted for by the Central Bank of China from the Australian Government before the war.

The imported Australian silver dollars are said to have a fineness superior to that of the Chinese coin.