Tokyo, Nov. 13.
'A purchase premium system to encourage the production of gold without raising the Government purchase [Price was in operation in Japan to-
The Ministry of Finance nounced on Saturday that two yen will be paid for every gram" of evwly-mined gold above the standard volume fixed by the Finance Ministry. One yen per gram extra will be paid for any amount of gold within the The Government gold purchase price is now ¥.585 per gram.
In announcing the new ordinance, the Finance Ministry pointed out that the difference" between the Japanese purchase price of gold and the world market price has increased 89 son per gram, aside from freight insurance and other expenses. involved. in transportation, since the Tink of the yen with the della The yen exchange rate in New York was dragged down when the yen was linked with the pound Hterling because of the outbreak of the European war, it was explained. bers of Commerce of the Empire, that the Japanese should be urged to reopen the Yangtze River, especially in view of the European war, was criticized here yesterday by Mr. Tan Kan-kee, Malayan Chinese leader. a statement to the vernacular press of Singapore, Mr, 'Tan said China can still supply the' Allies with useful Tabour and raw materials in abundance as in the last war. With the development of communications north-west and south-west China, products of south and contract China fan be exported via' Burma and Preweh Indo-China and need not de-vend on the Yangtsze.
Mr. Tan said, the "completion of the Burma-Yunnan railway could be reatly accelerated if Britain desires This Would be a surer and better way: of obtaining China's abundant supply ff labour and raw materials than to. bargain forthe doubtful. reopening fof the Yangtze by the Japanese—United Pros.
Text read from the printed page and cleaned; old type leaves the occasional error.