For 1950 the amounts actually paid from the Customs and the quotas set aside for future payments were:
00 Pal from Foreign Loans sara sisbso.a0.0 American, Loons 3803304. internat "Loans 150130087 the This Immediately resulted in a fall in price on the American market, that prices for furs in the United States are now even lower than in Manchoukuo itself, for" the smuggling of furs, the u.s. dollar is quoted at 426 yuan in Harbin' and 1350 yuan in Tientsin, jand this makes smuggling activities profitable business, 'The smugglers make large purchases of furs at high prices in Harbin, and this prevents] 2 reduction of prices and makes a Girect export of furs to' America impossible.
To prevent smuggling is a dificult business, what with there being over 1000 mailes of border between Manchoukuo and North China.
The Mrinchoukuo Government hopes, however, to be able to put an fend to such smuggling and to export {urs from. Manchoukuo through not mal channels—Havas, Of $12 millions came from the Flood Relief Surtax and the remainder from the Government's other resources. The quotas established for Internal Loans were earmarked for the servicing of the.25th Year Consolidation Loan of $1,460,000,000, the 25th Year Recovery Loan of $240,000,000 and the 41th Year Long Term Currency Loan Jot $45,000,000, "As will be seen, they do not amount to a tithe of the anual sum needed, but the interest on the domestic loans was again paid io full in "wel wah," and it is to be presumed that once more the small Quota from the Customs revenue was used for this purpose.
Text read from the printed page and cleaned; old type leaves the occasional error.