Foreign loan obligations secured upon the salt revenue, including the amortization and. interest payments for the Hukuang, Anglo-French, "Crisp', and the " Vickers-Marconi Loans, were fully met in 1936 In accordance with the arrangements made by the Ministry of Finance. They amounted 340111042 Bea RSO AS 042190000, Soon S oAeetee £,309294110=5 spa. p00.23 urgently promulgated Salt ures taxation of salt. nation-wide uniform rate collected at the place of production and grants complete freedom of trade in salt by abolishing monopolies. It is the policy of the Salt Administration to introduce the Salt Law at far_ Possible at, the earllest date, "But what with the necessity of maintain. ing Government receipts from salt revenue and safeguarding the livellhood of the producers at numerous uneconomical saltworks, the unsettled conditions in the last few years, and the imperfection of the old preventive machinery, the Salt' Administration hag had to be. most careful not {0 enforce too drastic changes "which would upset the equilibrium of na tional economy and. public finance, No time has been lost, however, introducing various reforms of basle Importance in preparation for the full enforcement of the Salt Law. As noted, the reforms which have been successfully introduced by the Salt Administration include the planning and execution of sallworks control Programmes for salt districts, Lo, control at the sources, equalization of duly rates, extension of free trade and perfection of the preventive machinery. The salt, administration system has been in force for many centuries and it is only by progress sive steps that it can be brought up date; however, it may be said, that the yer under review has" shown many advances in administration which will ultimately ead. cheaper and more adequate supply of salt together with an. Increased Fovenue,
Text read from the printed page and cleaned; old type leaves the occasional error.