The Archive · 1930

Operation Postponed Probably

THE NEW TARIFF

till Autumn Nanking, Jan. 26.

It is reported that the date for the promulgation of the revised National Import Tariff, which is understood to have been completed. and is now under consideration, will be postponed to July 1, in order to allow the responsible' authorities more time for further careful examination.

The new Tariff will probably not be enforced before October 10 of this year when Likin and other similar transit levies will be abolish= ed—Kuo Min, Favourable Cominent Washington, Jan. 26, Observers here bel Chinese Finance Minister's plan for the collection of Chinese import dues. Jon a gold basis foreshadows the solution of some of the more im~ mediate financial problems of the National Government at Nanking.

may possibly result in the fouilding up of a gold basis for Chinese money transactions, it is stated. understood that the y be adversely affected.

protests on the ground of in= sufficient time, so that the pros feed ure on a gold basis may not g into immediate effect, the scheme is declared to be sound and practical.

"The whole question is closely link: ed up with the fall in the price of silver, This subject is being studied by authorities at the U.S. Depart~ ment of Commerce with a view to determining the exact cause for the sudden and consistent decline, and also of forecasting the probable trend in future, While financial experts will not venture on extensive predictions, it is generally believed that India will not take an attitude which will precipitate a further decline in silver—United Press.

Kuomintang, was appointed today Jo member of the Foreign Relations Coramittee.

Dr. H. H. Kung was also appoints Jed to-day a member of the Economic /Aifairs Committee—Reuter.

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

Your account