The Archive · 1930

Ministry of Finance to Prepare

TOBACCO MONOPOLY DISCUSSED — Plans

Nanking, May 17.

Special instructions for the carry-fut of thres important measures ing at the economic and industrial development of the country, which were adopted at the Third Plenary Session of the Central Executive and Supervisory Com mittees, were issued to the Executive Yuan by the State Council yesterday. The measures ar The Ministry of Finance and the Miniatey of Industry Commerce and Labour be instructed respectively to prepare for the opening of an International Exchange Bank and the unification of the currency system, and the expansion of ship: Ding and promotion of the mant-facture and consumption of native goods.

2. The Ministry of Industry Commerce and Labour and—the Ministry of Finance be instructed Jointly to designate security for tae issue of a $200,000,000 public loan for the promotion of various dustrial enterprises and to prepare for the development of the country's major industries, 3, The Ministry of Finance be instructed to formulate definite measures for the creation of Gov-vernment monopolies for tobace wine, and matches, in accord ay witha proposal of Chu Chi Provincial Commissioner of Civil Affairs for Chékiang—Kuo Min.

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

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