Nanking, Oct, 23.
The National Government has issued an instruction to the Yunnan Provincial Government ordering it to complete the reorganization of its monetary system within six nths and to abolish the so-called port surtax" before the end of! this year, In a petition submitted recently! to the National Government, the Yunnan Provincial Government' proposed that the notes issued by the Fu-Tien Bank should be withdrawn and destroyed within twelve months, It is stated that another bank would be established which would be jointly' financed by the Government and private interests, 'The National Government, how-has allowed the Yunnan, Pro-Government six months only' which to complete its fina: organization programme, In its instruction, the National Government points' out that merchants now have to pay the so-called "import surtax" in addition to the regular import duty, on goods imported into China through the Yunnan border. This practice is con-dommed by the Government and the Yunnan Provincial Government {s ordered.to abolish this surtax before the end of this year. It is stated that the National Government cannot allow this practice to continue asthe Government hopes to abolish likin throughout the country before the end of the present yea The instruction to the Yunnan Provincial Government is dated October 20, and appeared in this morning's issue of the Government Gazette-—Renter.
Text read from the printed page and cleaned; old type leaves the occasional error.