The "World Daily News" has received u telegram from Taiyuanta Stating that group of Shansi com manders, headed by Generale: Chow Tal, Sin Chu, and Ola Chum, sume moned meeting "on August 4, hich they claimed wae representa tive of the citizens of all Shensi province, "though the" meeting. on that day was only a Preparatory fon comprising about foRty persons, "The paper sags that General Ma Chun, former Chief of the Derartiment' of Industry in' the province, took the chair and. declared. that ther were oppose fo General Shang masa meeting for the same purpose was held' on August 5 and, the paper goes om, telegrams, were Sent out denouncing General Shang Chen for. vations "misdoings" and densing hit right (0. send" Shan troops outside the provine.
"Anongst other things the Central Government was requested to. appoint General Hise Yungechang_ Chairman of the: Shanti gover 'An importane oficial in Poking, interviewed by 'a. correspondent of the "World "Dally"'News" onthe rootter ad that the moventen? was Created by Ma Chen himself and fiat General Ht Yung-chaing was for. behind ie bot was. loyal' Marshal' Chang Hsaeh-liang.
Aug: 1, Chinese papers. report that 40, (000 of General Shih Vu-san's The oficial "China Daily News" troops over the Reds may not be states today that General Yen tinaly but it is corsainly. the" most entered Shansi by the Peking-limportaw. one in the whole cam-Sciycon railway vand arrived st/paign againat the Communtts Yor Auto on ie aternoen of squat © he att three years. "Runge for Judging from the reports given('Re tst time is really captured by atthe conversations, which Generail D4 Sm¥GrnMent force sinters, no. political Cred his ceriken recta la, Kisnea, tg be attached to Me return toiSmmpleted. the plan of malig significance "a atTiven, People
Shan It is stated that his return ligator and so connect Nanchang" and due an-chow inthe "south of, Kiang, to the serious illness of father distance of 270 mile 'The frat land that as soon ection from Nanchang'
0 Hsin-kan health as improved General Yer!about 80 miles long was completed will return to Daren.
Jone. year ago and: needs only re-In Nanking and Peking, however, iairng he second ect, from itis believed that General Yer shan's "movements are of consider HI8i-/i¢ "ofa announcement, wil be sinckan to Kancchow accord tarted in the first week of August. lable political importance, and 8 /99.000 labourers have been recruited ference of military leaders asiand the stim of $0000 wil Bt
the new development in the "qwo days axe the Special the work Kiongst to which his return has! party Organisation concluded its investigation with the help of the fistriet magistrates into' the number General Shang Chen, who is loyal ct'refugees' who have been Tue to the Central Government, has been ousted from his command, and it. stated that the other' ere Memporariy living otsige Sscapedthe Tel reign of terror and Stans! thole native Dlaces-'They are' der: Commanders ave supporting General) perate and tre waiting; There it no attempt to minimise toa teclonnete of flits veparta bau for lisp, food, and shelter. me the saigon they trbuled es fllowe'=— too late on the scene to do much hharm, It is admitted that his return to Shansi might have had far-reaching political consequences had come back before General Shit Vu-san's revolt And been crushed. Now that General Shih has been defeated and his army scattered, considered that all General Yen Hisi-shan can possibly do is to hold Shans.
The Shansi_army alone is not considered powerful enough to invitiate any aggressive action in, North China—Reater.
The relepees from the 3 Kola dt Vane dite ihe 100,000 and those who have come Nanchange 497 persons, Those from the Wading district tothe Wa-ling ety: number about, 10,000.
3. There sre more than 5000 in Yichwang city "Refugees from the Yi-fen district to: the district city are 1536.
There are more than 2000 re-|; forces from the antic the Pinging istrict in Hunan, Refageer from" the Wan-tei ister to he inghslens. Techon, Shang-kao, Vieng districts number tent should' do ite best to aer ye "protection 30." that Wwe fully' develop. the banking Dusin Much to our regret, however, the reverse is apparently true. The suggestion offered by the American adviser may be beneficial to. the Government in that it will produce an enormous income, but, from the aanrle of the banker, it is nothing else but a shackle ta bind the Chi-eve Banks and their conduct of usin interview Mr, Change Shou-yung, Vice-Minister of Finance, con firmed the report that the new tax would be applicable to Chinese and foreign banks alike." Prior to the enforcement of the tax, however, a careful study" of banking conditions in China would be made by the Heeislative Yuan, Under the new rosulations, said Mr. Chang, the tate. of taxation would be as follows;—Five per cent, on net profit when it amounts to.a sum Tess than 1 per cent. of the resristered amount of capital; 2. Seven per cent, of the net profit when it amounts to between 15 and 25 per cent. of the resister:
amount of capitals "Ten per cent. of the net profit when it is over 25 por cent, 15 per cent.; and 4." 15 per cent. on the net profit, when it ie over 36 per cent.
This differed. from" the business tax. added Afr, Chang, in that the former was collected on net. profit whereas in the latter the tax yeas Tpased am the -cavital, The. profit tax bad long been in' force. in Eas rope and Ameria, he concluded, Tie Ministry of Education in Xanking is reported to have decid ed on the appointment of sree [canentional commissioners in place Iahrond where Chinese reside in
Text read from the printed page and cleaned; old type leaves the occasional error.