Mlegal Confiscation to be Stopped Nanking, Jan. 16.
Interviewed as what he meant by "protection of people's property" as: [the real means to save the present silver slump situation, Dr. H. H. Kung, Minister: of Industry, Commerce and Labour, said:
"In order to save the present our currency. But the fundamental way to stabilize the currency is to {increase the productive power of the people, In order to increase the productive power of the people, we Mhave, one one hand, to protect and develop the national industries, and fon the other, to arouse the interest lof the people to invest their capital fin industries. Only by this shal we be able to increase our exports; Jand decrease the imports.
"But since the Northern Expedition, taking advantage of the poli al situation, some of the people's! property has been confiscated not by the due process of law. So during' the Third Kuomintang Congress: held in March, 1929, I introduced a resolution on the Protection of People's Property by Law, hoping to restore the social order' and to en-fable the people to carry on their [business peacefully, The resolution introduced by me read briefly as follows:
'Since the completion of the: Revolution, the Communists, in the name of exterminating corrupt officials, ete., endanger the proper-of' middle and small. class capitalists by confiscating it ilegally, thus the social peace is disturbed and the development of industries is curtailed."
"My resolution was adopted by the Congress, and on April 20, the National' Government issued a Mandate which read as follows The principle of protection of people's rights is universally re-agnized. During the beginning of the period of political tutelage, this principle must be more strictly enforced. The liberty and proerty of any individual or group, within the Jurisdiction of China, should not be illegally violated. Disobedience to this law will be severely punished. Let this be obeyed by all?
"The Legislative Yuan was order-fed to make out such details. "Mr. Chiao Yictang, a member of the Yuan, drafted 'a set of laws, and I was asked to endorse them, and place them before the Central Standing Committee, which I did. These Inws are now. under consideration and will soon be promulgated. As} whole, the property of the people is equivalent to the property of the Nation. If the people's property is not protected, no nation can make' any progress.' So, to extend protec tion to people's property rights automatically solves the present [economic situation."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.