War-time Measure Passed For Colony Hongkong, May 4.
The Hongkong Government is assuming a monopoly of rice imports ard exports on June 1 as a war-time measure.
The decision was taken following an emergency meeting of the Executive Council yesterday.
The monopoly is linked with the agreement with the Shanghai Municipal Council, under which similar control will be exercised in Shanghai.
"Because of the excessively high. price of rice, the uncertainty of future supplies and the increasing scarcity of shipping facilities, the Government is assuming a monopoly of all rice imports and exports," states the official announcement.
Reuter
Text read from the printed page and cleaned; old type leaves the occasional error.