A proclamation has been issued by the Prefect of Shanghai to the following effect On December 28, the Chief Financial Secretary of Kiangsu telegraphs that it has received a telegram from the Ministry of Finance instructing the provinces that, in reference to the examination of title deeds, the exemption of white title-deeds (title-deeds which bear a crimson seal of the district prefect as proof of the payment of the tax are called the "red title-deeds, and those without that seal are called the—white title-deeds.) from taxation should be stopped, and that on and after January 1, 1915, all white title-deeds shall be taxed according to the tariff, and the payment of a fee simply for examination of the ame shall not exempt them from such tax. Title-deeds not yet submitted for cx-
Text read from the printed page and cleaned; old type leaves the occasional error.