Kwang Pu Chen papers, 1936-1968

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Series 8: Foreign Exchange Equalization Fund Committee, 外匯平衡基金委員會, 1947-1948



Box 6 Folder 6 A1-a. Documents on regulations, policies, and operations, 1947-1948



Box 7 Folder 1 A1-b. Documents on accounts, changeovers, reports, 1947-1948


Box 7 Folder 2 A2-a. Documents on international balance of payments; imports and exports thru appointed banks; exports, smugglings, etc., 1947-1948


Box 7 Folder 3 A2-b. Documents on Hong Kong-Fisher Yu; Cyril Rogers; A.E. Marker; International Monetary Fund; miscellaneous, 1947-1948


Box 7 Folder 4-5 B1-B2. Notes, letters, news clippings, reports, speeches, studies, diaries, May 1947-June 1948


Box 7 Folder 4-5 News Editorial on export promotion, 1947 May 09


Box 7 Folder 4-5 Letter from Bang How to S.D. Ren, re: woodoil exports, market price and smuggling, 1947 May 23


Box 7 Folder 4-5 Letter from Chopp about woodoil price and smuggling, 1947 June 02


Box 7 Folder 4-5 Study: New measures of foreign exchange and foreign trade control, 1947 August 25


Box 7 Folder 4-5 Notes: Why the Fund differs from Stabilization Board, 1947 August 27


Box 7 Folder 4-5 Notes: Fund-a difficult task (discussion with Tsuyee Pei, Karl Wu, C.S. Tung, K.N. Chang, and Li Ming), 1947 September 01


Box 7 Folder 4-5 Notes: Reasons for accepting Fund's chairmanship, 1947 September 05


Box 7 Folder 4-5 Notes: Reflections on eve of becoming Fund's chairman, 1947 September 06


Box 7 Folder 4-5 Press report about Fund, 1947 September 08


Box 7 Folder 4-5 Speech on Fund's functions before members of Foreign Trade Conference, 1947 September 08


Box 7 Folder 4-5 News Editorial on Fund and trade control, 1947 September 10


Box 7 Folder 4-5 Diary: Conversations with Chang Chun, O.K. Yu, 1947 September 12


Box 7 Folder 4-5 Notes: Contradictions in regulations, the first month operation, rumors affecting exports and remedies sought, 1947 September 24


Box 7 Folder 4-5 Notes: Rate, 1947 September 26


Box 7 Folder 4-5 Notes: A review of Fund's operation-its temporary success, difficulties and disadvantages, 1947 September 27


Box 7 Folder 4-5 Study: Differences between Fund and Stabilization Board, 1947 September 27


Box 7 Folder 4-5 Study: New exchange policy, 1947 October 04


Box 7 Folder 4-5 Study: Free exchange market and tight money policy, 1947 October 04


Box 7 Folder 4-5 Study: Comments and suggestions on the memorandum proposing revisions of present exchange policy, 1947 October 07


Box 7 Folder 4-5 Study: Agreement for collaboration with Hong Kong Government in measures of financial control, 1947 October 07


Box 7 Folder 4-5 Notes: Black Tuesday-speculators, measures to deal with speculation, agreement with Hong Kong and reporters meeting, 1947 October 09


Box 7 Folder 4-5 Notes: Government expenditures, increasing need for arms, ammunition and imports, US aid not in sight and personnel rate adjustments ineffective, 1947 October 13


Box 7 Folder 4-5 Study: Reasons that Fund is incapable of eliminating black market, 1947 October 14


Box 7 Folder 4-5 Notes: on woodoil exports, 1947 October 16


Box 7 Folder 4-5 Notes: Difficulties to improve bristle export, 1947 October 16


Box 7 Folder 4-5 Draft letter to Lawrence Morris about woodoil smuggling and UTC, 1947 October 16


Box 7 Folder 4-5 Notes: Wong Yuen-ping--his proposed revisions of current exchange program, 1947 October 18


Box 7 Folder 4-5 Diary: Black market and rate revision, aid, etc., 1947 October 24


Box 7 Folder 4-5 Diary: What to do with the rate?, 1947 October 29


Box 7 Folder 4-5 Study: A review of the loan policy of the Joint Office of the 4 government banks, 1947 October 29


Box 7 Folder 4-5 Study: How to reestablish fapi's credit?, 1947 October 29


Box 7 Folder 4-5 Diary: Factors contributing to present quiet market and importance of psychological factors, 1947 November 05


Box 7 Folder 4-5 Notes: Black market again becoming active, 1947 November 07


Box 7 Folder 4-5 Notes: Attacks of the mosquito papers, clippings attached, 1947 November 17


Box 7 Folder 4-5 Diary: Disappointed aid news and war news Hong Kong Authorities unwilling to implement agreement, low interest rate and loan policy of the Joint Office of the 4 government banks, and uncontrolled note issue, 1947 November 20


Box 7 Folder 4-5 Diary: Is China's currency going to collapse very soon?, 1947 November 29


Box 7 Folder 4-5 Diary: Central Bank to go into black market in Hong Kong and operate and its handicaps, 1947 December 02


Box 7 Folder 4-5 Notes: Tight money policy and issuance of large denomination notes, 1947 December 06


Box 7 Folder 4-5 Diary: Pros and cons of putting up the rate, 1947 December 10


Box 7 Folder 4-5 Diary: Rate revision and cooperation with Hong Kong authorities to stop smuggling, 1947 December 17


Box 7 Folder 4-5 Diary: Time for rate revision, 1947 December 18


Box 7 Folder 4-5 Diary: Factors for not putting up the rate as agreed. Personal opinions as told to Generalissimo re US aid, 1948 January 29


Box 7 Folder 4-5 Diary: Factors for and against putting up the rate. Military defeat, inflation and social unrest. US aid, 1948 February 02


Box 7 Folder 4-5 Diary: Clashes between Thomas and Rogers on rate revision, 1948 February 07


Box 7 Folder 4-5 Diary: Fund rate. Central Bank's foreign exchange assets and gold and loans under negotiation. General financial situation. New committee members, 1948 March 08


Box 7 Folder 4-5 Notes: Research on government finance-Lui [Lobeing?], 1948 March 13


Box 7 Folder 4-5 Notes: Treasury note redemption against rate revision. Public borrowing and public confidence, 1948 April 02


Box 7 Folder 4-5 Notes: Stabilization-mobilization of government properties, 1948 April 02


Box 7 Folder 4-5 Diary: Rate adjustment unsuccessful due to aid coming slow, shortage of goods and money being loose, 1948 April 11


Box 7 Folder 4-5 Study: on the rate adjustment of April 6th-its advantages and disadvantages, 1948 April 16


Box 7 Folder 4-5 Diary: Suspension of rate making and those for link system, 1948 April 21


Box 7 Folder 4-5 Diary: Resignation from Fund and concerns for the political confusion, 1948 May 22


Box 7 Folder 4-5 Notes: New exchange progress and certificate operation, clippings attached, 1948 June 01


Box 7 Folder 4-5 Study: Current financial situation of china on commodity prices, government revenues and expenditures, bank and foreign exchange, 1948 June 02


Box 7 Folder 6 C. Fund's history, operations, successes and failures, by K. H. Yang, 1947-1948