Legislative Yuan to Discuss New Regulations Nanking, Jan. 12.
The question of an exchanges tax will be one of the first issues to be cussed by the Legulative Yuan when it re-opens on January 1 While it cannot be confirmed in official circles, it is reported that the new exchanges tax regulations will be promulgated on February 1. and their stocks of firns seized as a result of an examination made by members of the Central Film Censor ship Committee, assisted" by the Shanghai Public Safety Bureau, The whims "have been sent to Nanking, where they will be again examined by the Censorship Committee, The companies concerned, which are situated in Chinese territory. are suspected of having contributed to the flood of doubtful and obscene pictures which has recently been noted. Ofleials of the Bureau of Education were present at the Taid since some of the objectional material banned under their rules, being mythological and dealing with so-called superstitious subjects, It will be recalled that the Ministry Finance recently submitted a pro-Posal to the Government suggesting that exchanges tax be collected for transactions in gold bars, bonds, cotton and other commodities, The proposed rates follow:
$125 per 10,000 Gold bars: 10 cents per bar Cotton, raw: 80° cents per 100 piculs Gotten, yarn: 430. Per 100 paos Flour;" 10 cents per' 1,000 pace Bean cakes; 70 cents per 1.000 catties Bean all; 70 cents po" 100 piculs There has been some agitation among certain food merchants against the proposed rates on food stuffs allog-'Ing that they would affect the prices of food stulls thereby bringing additional hardships to the poor people, They have sent a representative, Ku Hounyl, to Nanking to ask for'a decrease in' rates, Meanwhile the exchanges have also sent a representative, Hou-chu, to the Capital asking for postponement of the enforcement of the proposed regulations.
Text read from the printed page and cleaned; old type leaves the occasional error.