Nanking, Apr. 2.
The formation of a special committee to study measures preparatory to the abolition of extraterritorial rights in China was decided to-day at a meeting of the highest officials of the Judicial Yuan and the Ministry of Justice. A proposal for such a committee was made by the Minister of Justice, Mr. Wang Yun-ping, who was given authority to" name the members of the special body.—Reuter.
Nanking, Apr. 2.
The principal function of the Extrality Abolition Committee, according to the regulations, is to study the various problems relating to the retrocession of Judicial rights—Chekial Agency.
'The changes, he said meant a greater Measure of ce-operation among the leading financial institutions of, China, with a view to building up a stable' and centralized economic organisation which would help to cope with the diMculties arising from the world economic crisis The Minister paid a warm tribute harmful to encourage the impression that a rapprochement has been Jachleved when in reality it remains something to be desired and sought."
Mr. Suma expressed deep concern over reports that the Chinese Gov-fernment contemplates a general in-Jerease in Customs duties, which he understood might be announced soon, unless the harmful effects of such measure were realized in time. There Knowledge would bea great asset
Deputy Governor." Both the fen of which he is Government and the Banke wished 0 continue to benet by his long ex: Perlence, The selection of Mr, §iSoong_ ax Chairman of the Bask of China was described by Dr. Kung 88.8 happy. choice. Mr. Soong forme erly who Minister of Pinanee and Governor of the Central Bank and could Interpret exceedingly well the Dolley of the Government. He was
tmedyappropriate to. the cireum-"well qualitied to devise Te-ances and. to.the particular needs the occasion. The appointment of Mz,"'Sun Han-chang, the" veteran banker who shoved 20 misch strength during the moratorium tu 1016, to be General Manager of the Banke of China should be welcomed by the Dublic, "His long. service with the Bank of China qualified him admire ably. for his new. position, for he enjoyed. the confidence of" banking stay' nroughout the ent.
th the ce-operation of leaders financial, Industrial, and lat organisations, the Government, De. Kung concluded, was fopetul of being able to establish ound foundation for. China's econo-nie structure and to bring the coun
Reuter, safely through er present es.
Text read from the printed page and cleaned; old type leaves the occasional error.