Furthermore, there is the matter of the loan regulations to be com-sidered. When the Legislative Yuan, with the Ministry of Finance covering, issued. tasse cole, was expressly stipulated that the proceeds should be used solely for the exscuton of the. "pal scheme That this hes not Jost sight of is indicated by the fact of an order having been recent-Jy issued by the Executive Yuan, mending thee Tules to provide for the allocation of the. required million and a half for the Yungting-ho dyke repairs as demanded. This fact was immediately pointed out by the members of the Commission opposed to participation in the affairs of the provincial governnent, with the aes that another cossinens, te Sax. expeieel rrive Com the Lagliatioe Tome, thus legalizing this raid upon the Hai-ho Improvement Commission's treasury, and in the amount three times that for which Mr, Yang Pao-ing, the ducted exesiting inenbar of "tae commission a similar job of dyke repairing. the same place only 0 few the exccittion of the. "palliadiye pets: iteeh are sagt
scheme." If this raid, for only obvious purposes, is carried out, lis work contemplated cannot be done. It ig asking too much of Tientsip commercial organizations to sanction further taxation marder', make up deficits caused by pisti¢y of funds provided for specific puj poses by voluntary taxation. Tt understood that some $250,000 $300,000 have already been collect: ed by the commission and, in tio event of the scheme falling through, this should be refunded to the merchants who have contributed it, the tax should be cancelled, and the Commigsion, an" expensive affair, should be abolished, A Way Out Tt has been, suggested in: certain quarters: that a possible way oat of this impasse is. to broaden' the scope of the -Hai-ho Improvemevt. Commission's authority. to include the scientific" treatment. of the 'Yungting-ho from its soureo'to ite confluence with the Haitho, "Teris fairly well -established tht" the mere repair of the dykes will not prevent. further flooding the' next Lime a. hedty'freshet!eomds> down from' the hills: and sit" is Durther established. that the only' way, freshets is to BIND) storage reservoirs to control the
Text read from the printed page and cleaned; old type leaves the occasional error.