The Archive · 1927

Familiar Method of Raising Money

In addition to the already harsh taxation system introduced by the so-called Nationalist Government and the tobacco monopoly which was exposed elsewhere nother money: making scheme of the Nanking administration has been brought our notice, This calls for the cole ection of 'a special house tax, the amount of which shall be equivalent to two months' rent on all houses, for the prosecution of the Anti-Northern Punitive Expedition, irrespective of whether houses may be in the International Settlement. the French Conce: jon or Chinese tertory.

At a meeting of the Shanghai Special Branch of the Kuomintang, which was hield on Wednesday after. noon under the chairmanship of Mr, (Chen Te-ching, chairman of the Propaganda Department, the following regulations relating to the proposed taxation wore adopted That all houses in Shanghai, including those in the International Settlement and the French Conces-Sion, irrespective of whether they be occupied by the owners themselves or rented to other people, shall be subject to a special tax, which shall be the equivalent of two months' rent, and that the proceeds fof stich tax' shall be contributed to the Treasury of the Nationalist Government; should the total amount of the rent tax so collected in single instance: amount to a sum not exceeding $80. such sum may. revert to © upon application.

Text read from the printed page and cleaned; old type leaves the occasional error.

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