Nanking, Jan, 24.
In a ckeulaé dispatch to the Provineial and Municipal governments throughout the country, the Ministry of Industry Commerce and Labour recommends -tho carrying out of the following measures as a Tondamental solution for the present financial crisis caused by the decline in the price of silver:—
1, Staff members of all Govern ament organs should be instructed and enjoined to use only native products, The public should also be encouraged to purchase only native mutactured goods such as cloth and other articles of daily The responsible Government author-{ties should be instructed tovlaunch, in conjunction, with various industrial and commercial organiza tions, campaigns for the promotion of the use of native goods.
2 Investigation into existing conditions in the various factories should be made in order to improve tthe quality of the goods produced as well as to facilitate production. Wilful increase in the price of tive goods for selfish gains should be prohibited and all factories which Ihave either closed down or suspend ed operations should be reopened.
Investigation should be made in each province into the products which are usually exported abroad with a view to improving the methods and increasing the quantity of production, Whenever difficulties exist as regards the transportation of such goods for abroad, special assistance and protection should be given to the producers.
4, A circular order should be Sasued to all tax collecting bureaux in each province instructing them to give favourable treatment to all merchants engaged in the transportation of native products and to ascertain the destination of suen shipments, Exemption from or reduction of various miscellaneous taxes on such goods should be recommended to the responsible authorities, 5, Measures for increasing the production of raw materials in the' various provinces should be devised. Exploitation of the mineral deposits the county in order to increase the wealth of the nation should also be encouraged.
The dispatch points out that the prevent rate of exchange is especially favourable for promotion of the manufacture and consumption 'Of native products, especially the Gaily rocessities which can be produced at a much cheaper cost to. tak the place of imports from' abroad, Continued promotion of the consumption of such native products, it states, will eventually bring about a reduction in the im portation of many articles from. countries—Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.