The discrimination in favour of Government controlled enterprises introduces a principle which cannot be too strongly condemned and though in the Stamp Tax Law the individual amounts involved are small, a principle is introduced which [should be most actively resisted, affecting as it does both Chinese and, foreign interests, without in any lway benefitting the Ministry of Finance.
'A scrutiny of the Tax Classification just specifying the documents which tax stamps must be affixed, makes one wonder how it will be possible to enforce the law and question the practicability of all except a [very small fraction of it, There would appear to be very few documents which do not require 2 revenue stamp, and though the Jamount in each case is small, the Bumerous taxes required would not Jonly be dificult to collect but would prove vexatious and restrictive to
Text read from the printed page and cleaned; old type leaves the occasional error.