The Archive · 1932

NANKING REVENUE DECLINES Receipts Down Owing to Sino- Japanese Dispute

Nanking, Ape, 4

The "Central Daily News" disloved to-day that owing tothe trouble, receipts. to figure of only. $8,000,000 a month.

'The February salt revenue losses alone amounted to nearly' $4,000,000 monthly, it was stated, Despite the most drastic retrenchment measures, the Government last month pald "$10,000,000 "for military expenditure as "well: as $1,200,000 "for "administrative exe penses, ence there isa. heavy monthly deficit on a basis' of current. revenues.—United Pre

Text read from the printed page and cleaned; old type leaves the occasional error.

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