The Archive · 1922

Schemes of the New Bureau

Peking, July 10, The regulations defining the authority of the Financial Liquidation Bureau which have been published provide that the Bureau shall investigate national revenue and expenditure each year, all rd] matters connected with domestic loans and public bonds and questions connected with the issue of paper money by Chinese banks, particularly as regards the number of notes issued and their security. The Bureau shall also inquire and report on the taxes imposed by the Government.

The National Finance Commission is authorized to investigate financial measures introduced by the Premier, the Foreign Minister, the Finance Minister, or brought forward by the Chairman of the Commission or introduced by members and approved by the Chairman. The results of these inquiries will be referred to the Cabinet for action, the Commission's functions being purely advisory.—Reuter.

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

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