Nanking Acts to Regularize Procedure Nanking, May 17.
That all local budget estimates for the new 25th fiscal year (July 1, 1996—June 30, 1937) be compiled before June 30 is required by the Ministry of Finance, ina circular order to the various Provincial Depariments and Municipal Bureaux of Finanes, In order to facilitate enforcement of the local budgetary system, the Central authorities are considering, measures for expediting the examina tion of such budgets, Under the present system, the estimates compiled by the Provincial Department of Finance must frst be examined and approved by the Provineial "Government, before being Forwarded to the Executive Yuan, They are then examined by the Yuan, Jand forwarded to the Central Politi-[cal Committee.
Aller examining and approving the estimates, the Central Political Com-sit ice refers them to the Directorate General of Budgets, Accounts and Statistics for compilation and then forwarded to the Legislative Yuan for passage.
This complicated procedure has been the cause of much delay with the result that the budget estimates of some Provincial and Municipal Governments for the 23rd seal year (Suly, 1934-June. 1935) and the 24th seal year Guly, 1935-June, 1936) have only recently been forwarded to the Legislative Yuan for passage, save time and avoid further delays, the Central Government is devising measures {o simplify the procedure. Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.