The Archive · 1926

Dr. Wang on the Proceeds

by representatives of the Union of Chinese commercial organizations, Dr. C.'T. Wang to-day spoke to the following effect:—(1) Of+ the Customs revenue, that portion, which is to be applied to the payment of foreign loans, will be deposited in foreign banks, and the remainder in Chinese banks.

(2) The tariff to be imposed on Russian goods is to be based on (3) The tariff to be imposed on the production of foreign factories in China is on the same basis as fon that of Chinese factories, but} asa matter of course, some suitable measures will be taken to help Chinese factories for the encouragement of national goods.

(4) China herself is to undertake the valuation of foreign goods, though one or two foreign advisers will be employed—Eastern News Gex. Sun Chun-sen, Commander of the 5th Division of the Shantung army, who is representing Gen Chang Chong-chang,- Tupan Shantung, has arrived here on his way lo Nanking to confer with Marshal Sun Chuan-fang on the question of a joint attack on Honan.

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

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