A reorganisation of the National Finance Commission created Inst ris to be made shortly by the snd new Government in Nanking for the purpose of transforming the Commission from an organ of advisory nature into one having greater powers and more effective control lof the national finance, according to Mr. Huang Haneliang, the new! [Finance Minister, who gave a reception to the banking circles here yesterday. The reception, which was held at the Kincheng Banking Corporation, Kiangsi Road, was at-sended by more than 20° leading:
chinese bankers.
In the course of an address de-finance on a had taken over the duties of the Finance Ministry from his pre-Jdecessor, but that it would be impossible for the new Government to carry out its financial rehabilitation Programme without the support and [Ca-operation of the commercial and financial leaders throughout the In regard to the question of the National Finance Commission, Mr. Huang stated the organ created by (Gen. Chiang Kai-shek's Go [was different in both organi fand functions from that ori approved by the Nanking peace parley held here last The number of the Commissio peace conference defect that the Commi be composed of equal numbers of Government. officials, bankers, industrial leaders, experts and economists. The late Government appointed more Government officials to the Commission, so it is necessary reorganise it in order to bring its "organisation into conformity rit, the principle adopted by last peace parley, the Finance ister declared, With a view to taking the Commission a more powerful organ, the Minister continued, the Government is proposing to transform it from jan organ having only advisory Jeapacity into one the decisions of which tholi have greater binding force upon the Finance Ministry. Whereas. the Commission appointed by-the late Government met only occasionally, a standing committee ted. for the reorg lision, the members 'A. noteworthy organised Comm future both civil and military expenses of the Government shall be Serutinised and passed upon by the Commission and no expenses [shall be sanctioned by' the Gover iment without the—Com consent, thus making it possible for tthe Central authorities to keep, the Government's expenses strictly within the approved appropriations, Inv. Huang toid his guests yesters aa to give full publicity to nation's financial affairs, to examine budgets and posi proceeds from bond issues, and to Fender a regular public accounting for all revenues and expenditures. wuxc and Harbin Roads have been renamed Thorne Road so that, from dan. 1, Thorne Road will ex: tend from Woosung Road to Urga Road, whose connection with the federate charities in' America" accounts for her proposed survey of Buropean soup-kitchens, will be cut Short by the necessity of returning for rehearsals of Mr. Kline's new play, "Sohn. Brown's Body," which Ete open in New York in. the autumn, After a week in Shanghai, his reactions are. definite. Priniavly, he is coming back to this vital city, outlet for a great nation, He has found her hospitable, (though he' admits hermiciike tendencies in Hollywood and New York), he admires the chic of her women (for! China seems so far" from either Broadway or the Rue de la Paix—fin California) and is thrilled by ithe sense of contact with a great human force... China.
Text read from the printed page and cleaned; old type leaves the occasional error.