8. M. R, Trains Held up Where They Stand Mukden, Dee. 14, One of the severest snow storms in years has been raging in South Manchuria since yesterday morning. The strength of the storm was at its height at 8 o'clock last night. Telegraphic and telephone communications with Dairen and other towns have been suspended, while the trains on the South Manchurian Railway line have been foreed to stop where they were— the "Floating Concession," the str, Kiangwo, where the annual meeting was held, was able to advise residents that the income for 1926 had exceeded expenditure by $11,200.82, In the Chinese town of Kiukiang 8 Special Municipality. has been created. The administration. is, controlled by a Mayor. There is no form of popular representa ti With each change of Mayor whole staff, with minor exceptions, fs changed, as in the Special Administrative District, The Chinese System Under the Special Municipality, there is a scheme of taxation, In theory this is:—On Shops—10 per cent, of]
annual rent, On Residences—A sliding scale averaging seven per cent, of annual rent, This tax is collectable monthly by installments, The collection is, irregular and as there is no proper system of assessments the taxpayers do not declare the true rent, but a fictitious one, according Assuming that the rent received on property is about 15 per cent. of the value, it may be taken that the tax collected as a rule is the equivalent of one per cent, of the value of the property.
It is understood that the Special Administrative District is to be abolished as from December 31 next and that the area will then be absorbed in the Chinese Special Munitipality. The municipal taxes collected from the foreigners will then be payable.to the Mayor, who will collect at two rates, the rate of eight per cent, in. the district where the foreigners reside, being eight. times higher than the rate aid in the Chinese districts,
Text read from the printed page and cleaned; old type leaves the occasional error.