Tentative Decision Reached by Finance Minister Tokyo, July 3.
Absolute state control over imports was ensured yesterday, with the decision of the Foreign Exchange Committee io lower the upper limit of uncontrolled exchange transaction from Y.30000 to Y.1,000 a month.
The present exchange control ordinance, issued by the Finance Ministry in March and expiring at the end of this month, will be revised and retained.
Formal decision on the measure will be reached next week with the return of Mr. Okinori Kaya, Finance Minister, from Osaka, where he is conferring with Kwansai businessmen,—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.