The Archive · 1928

Mr. T. V. Soong's Financial Plan Accepted at Last Assembly

END OF SESSION

Nanking, Aug. 14.

The following resolution regarding Finance was passed at the 5th Plenary Session of the C. E. C. at its final meeting this afternoon Resolved, that this Plenary Seasion considers the proposals regarding Finance, submitted by the Minister of Finance, T. V. Soong, as eminently suitable, and instructs the Nationalist Government to carry them out care fully."

The general proposals submitted by Mr. Soong are, it may be recalled, the measures and policies! recommended by the National Economic and Financial Conferences. The specific proposals are (1) To enforce the demarcation of national and provincial revenues according to the list submitted by the Economic and Financial Conferences, (2) To unify the administration of National Revenues and Exenditures. (3) The formation of a powerful Budget Committee and the immediate adoption of a Natio Budget—Kuo

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

Your account