The plan approved by the Cabinet contains the following principal points 1. Steps to check a rise in prices of commodities to maintain the current Exchange rate, to secure supplies of materials for munitions, to promote export trade, and to safeguard the economic life of the nation by fixing prices:
2: Thorough curtailment of consumption of general commodities, and com pulsory "measures. if necessary, to r Strict consumption of imported gouQs and increase the use of substitutes for imported goods, to secure national economy and national defence; 2. Strengthening of a programme to promote exports by linking of imports Of raw materials with schedules for the export of manufactured goods, and by preventing consumption of raw mater-intended for export goods by setiup regulations differentiating hi een imports for domestic use and imports for export goods:
4. Improvement of the facilities of distribution agencies nad traders. gull maintain a steady flow of imports distribution of principal commodities 3. A campaign to induce the nation to sav 6. Encourage a "simple economic life" through poration between the Government and the people:
7. Increased production of principal materials, particularly mineral ores; the working hours of munitions plants Application of a "shift system" to and other industries to allow the work-frs ample respite and promote el louey 9. Systematizing of agencies ged in the collection of waste materials; 10. Relief for the unemployed; 1L Compulsory "restrictions on the use and consumption of steel, pig iron. gold, platinum, copper, zinc, tin nickel, aluminum, asbestos, raw cotton, wool, pulp, paper. hemp, leather, hide lumber, heavy il, volatile oil, raw north-east of Chengchow, where the]
Shensi and Szechuen pro-caught by Nazis who were following rubber, industrial salt, benzol, "nitric acid, soda, carbolic acid. brass, rock Hongkong, June 23.
A Japanese landing near Swatow was believed imminent this morning following Chinese reports from Swatow stating that Japanese warships were shelling the coast near Sw where Japanese planes were recon-noirring.
The attack on the coastal defenses followed yesterday's bombing ct Swatow in which the railway station was badly damaged and the power plant decommissioned.
Chinese reports meanwhile admitted that Chinese troops were withdrawing toward the west end of Namoa Island. thirty miles north-east of Swatow, where Japanese troops landed yesterday under a heavy barrage from ten Japanese warships—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.