able to issue a new currency for circulation. Ultimately however, the already limited economic influence garnered by the new banknotes was further diminished by Japanese efforts to contain the influence of the new regime, at least for a time, to territories firmly under Japanese control like Shanghai and other isolated regions of the Yangtze Valley. Foundation of the Reorganized Government in Nanjing The administrative structure of the Reorganized National Government included a Legislative Yuan and an Executive Yuan. Both were under the president and head of state Wang Jingwei. However, actual political power remained with the commander of the Japanese Central China Area Army and Japanese political entities formed by Japanese political advisors. After obtaining Japanese approval to establish a national government in the summer of 1940, Wang Jingwei ordered the 6th National Congress of the Kuomintang to establish this government in Nanjing. The dedication occurred in the Conference Hall, and both the "blue-sky white-sun red-earth" national flag and the "blue-sky white-sun" Kuomintang flag were unveiled, flanking a large portrait of Sun Yat-sen. On the day the new government was formed, and just before the session of the "Central Political Conference" began, Wang visited Sun's tomb in Nanjing's Purple Mountain to establish the legitimacy of his power as Sun's successor. Wang had been a high-level official of the Kuomintang government and, as a confidant to Sun, had transcribed Sun's last will, the Zongli's Testament. To discredit the legitimacy of the Chongqing government, Wang adopted Sun's flag in the hope that it would establish him as the rightful successor to Sun and bring the government back to Nanjing. A principal goal of the new regime was to portray itself as the legitimate continuation of the former Nationalist government, despite the Japanese occupation. To this end, the Reorganized government frequently sought to revitalize and expand the former policies of the Nationalist government, often to mixed success. Efforts to expand Japanese recognition While Wang had been successful in securing from Japan a "basic treaty" recognizing the foundation of his new party in November 1940, the produced document granted the Reorganized Nationalist Government almost no powers whatsoever. This initial treaty precluded any possibility for Wang to act as intermediary with Chiang Kai-shek and his forces in securing a peace agreement in China. Likewise, the regime was afforded no extra administrative powers in occupied China, save those few previously carved out in Shanghai. Indeed, official