The Archive · 1937

RICE. IMPORTERS, LOSE

SEVERAL LAKHS — Decision to Lirtit Duty Free Cargoes Prest Oun Owit Consemowoere

Hongkong, Apr, 26, 'A loss of about $350,000 Hongkong currency was, sustained by rice: Importers following the adverse decision of the Executive Yuan allowing 2,000, (000 piculs, of rice and an" ogt amount of paddy to be imported there duty free, og such exemption has not yet been put into effect, 'The Executive Yuan, owing to' the opposition to" free duty by Kiangs! Hunan, Hupeh and Anhwei, has now decreed that only 1,000,000' piculs of lee should be admitted to Kwangtung tree of duty. "This reduction is strongly, opposed to by. local ree merchants, who insisted that the Nanking Government should stand by its Both Mr, Wu Te-chen, Chairman of the Kwangtung Provincial Government, and Gen, Vu Hon-mou, Paclication Commissioner for Kwangtung, have fought hard for exemption of Jduty on imported rice at least to the amount decided by the Executive Yuan, holding that this is the "only way to reduce the prices of rice, "It ig useless to humour both sides," said a Jeading rice merchant in an interview to-day. "We presented strong reasons for' duty-free rice to. the central authorities, and rice producers in Hunan, Hupeh, Kiangsi and Anhwei are ignorant of the condition: {in this: province and oppose exemp= Hon on, selfish: rounds!"

Admission of rice duty tree from Hongkong 4s permitted from April 26 jas the Customs here receive further instructions from Nanking, The amount admitted is to be recorded the Customs, instead of another Gov-jemment organ;

Text read from the printed page and cleaned; old type leaves the occasional error.

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