'The total Salt revenue credited evoup banks, after deducting ministrative expenses, amounted to '$64,287,000, showing' 2 decease of $9,347,000 compared with the amount in 1925—elso a serious ldecrense compared with former years since 1915, An official statement says that the decrease is due to the die. organization of railways, to the commandeering of other means of transport for military operations Jand to military interference with ithe Salt Administration in the majority of provinces, Of the cheve-mentioned sum $87,380,000 represents forcible r2~ tentions made by local authorities jwitheut the consent of the Central Government end $10,283,000 retentions with the consent of the Central The amount of revenue retame }does not include revenue retained lby the Kuangiung and Kansu auth-louties, The Kuangtung authorities Ihave not only prevented the re-Jopening of the Canton and Swatow offices but have caused the closure lof the offices at Pakhoi.
At the end of the year the whole revenue is being retained by the local authorities, except a part from Shanai, Changlu and Shantung.
The actual amount released for the general purposes of the Chinese Government amounted to $8,863,000 Jeompared with $32,035,000 in 1925. $9,072,000 was paid to the account. of, foreign obligations secured by Salt revenue, The yearly service of the Reo organization Loan of 1918 was paid by the Salt revenue and subsequently refunded by the Customs, Owing to the prevailing condi tions, the reserve group banks could not "have maintained the usual $7,000,000, but at the end of the m maintained amounted,000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.