ECONOMIC - AGRICULTURE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80-00809A000600240913-1
Release Decision: 
RIPPUB
Original Classification: 
R
Document Page Count: 
3
Document Creation Date: 
December 22, 2016
Document Release Date: 
July 7, 2011
Sequence Number: 
913
Case Number: 
Publication Date: 
August 10, 1949
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP80-00809A000600240913-1.pdf182.09 KB
Body: 
Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 CLASSIFIL ION RESTRICT ~STRKTEL CENTRAL INTELLIGENCE AGE ,' 9 j~ -., rFA ~Qf21 INFORMATION FROM FOREIGN DOCUMENTS OR RADIO BROADCASTS CD NO. COUNTRY SUBJECT Economic Agriculture DATE OF INFORMATION 1949 Ninui C TVTT PUBLISHED Daily newspapers DATE. D1ST./a Aug 1949 WHERE PUBLISHED DATE PUBLISHED LANGUAGE Hong Kong; K'un~xdng 26 Jan-7Jul l94I9 Chinese NO. OF PAGES SUPPLEMENT TO REPORT NO. 3 TN's AOCVNINT CONYAIN( 111TMNIATON AFFECTING TNI NATIONAL 0911191 OF TOE VNITIO (TAMS W:7.1. TIE N11.1.0 01 NSFI*.A42 ACT 30 1. I. C.. TI ARP I1. AO ewa0l0. ITS TRANS.,.m. .1 tog .2.1" .. Of T( CONYINTA IN ANY OANNIA TI AN VNAVTNONITON IINNCN IN FAO. ^IG1110 IT LAW. N(OMNACTON OF TNI( FON^. 11 PNOIII(iMO..'' SOURCE ewspapers as indicated. THIS IS UNEVALUATED INFORMATION CCP, MU INTRODUCE BK1 T RL'7'iJCTION The f ll.owing regulations governing rent and interest rate reductions have been pronlg..ted by the Mel Bolen People's Ltv,mmvnt: 1. Rents paid by tenants to landowners in Nei Helen will be uniformly reduced by 25 percent. 3. All share rents will be uniformly based on the actual amount of annual harvest. Under the new 25-pertlent rent reduction, the landowner's share will be one half the harvest minus 25 percent. For enamule, if the yield anaunted to one ship Lone shih equalo'2.94 bushels], the landwner's share will be 5 ton Lane tow equals 9.4 dry quarts sinus 25 percent, or 3.75 tcu. All original rents higher than this new rate it be readjusted, but those which are lower may not be increased. 4. Based on the actual amount of thir. season's harvest, all contractual rents will be reduced by 25 percent. The actual amount of the rent shall be decided at a conference of repreeeatatives .f the landowners, tenants, and the local government. Once decided, the rental rate adopted will be publicly announced and everyone will be required to conform to it. 5. Additional reduction in rent may be granted to widows and dependents of military personnel, poverty-stricken intelligentsia, dependents of overseas Chinese, eta.. who are facing extreme hardship due to lack of works g personnel. Rant reduct:t.r uay be effected by ritual agrewac:t run tha landowner and tenant, or by government action. STATE ARMY RoTRIESTR! STAT Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 RESTRICTED because the land had deteriorated or rents were excessive, the 25-percent rent reduction mist be effected and. in no case may the landowner increase the rent 7. The rent of all lands, whether private-,public-,school-, or church owned, used for productive purposes, shall be reduced by 25 percent and nc tenants will remain in effect. Hwevero' the share to be turned over to the landowners will be reduced by 25 percent. 9. Old contracts under which tenants were required to turn over liquors, chickens, etc., to the landowners as token of appreciation are hereby voided. 10. After the enforcement of these regulations, the land rights of the landowners vill be guaranteed and protected by the government. Landowners may dispose of their land but the priority of purchase shall be reserved to the tenants on the land. When faced with extreme hardship, the landowners may 11. landowners are forbidden extort additional rent from the tenants after the enforcement of this regulation? or can the tanante reeitit payment -)f the rent. fret governed by the hmedship it will impose on the tenants. demand the returns of a' portion of the land from the tenants for their own cultivation. However, their right to regain possession of the land will be 12.. Violators of these regulations will be punished by the government. B. Interest Rate 1. The annual interest rate on bane must not exceed 30 percent. 2. The interest rate for commercial loans is axe0t, from this regulation, 3. Any interest rate on loans exceeding this limitation must be readjusted, but interest rates laver than this limitation may not he increased. 4. A borrower who has already made interest payment whose total equals the original loan will be exempted from paying further interest. If the amount of interest paid totals twice the original loan, the loan will be autometioally cancelled. 5. In liquidating old debts, debtors are required to pay only the original value of the loan, calculated in terms of commodities. 6. Loans not specifically covered in these regulations may be adjusted by the local government in accordance with the general tenets expressed by these regal .tionns . TAIWAN TO EMPLOY REDUCED RENT SYSTEM -- Chang-i Pao, 26 Jun 49 Kuang-ohou, (CBA), 25 June 1949 -- The China Joint Rural Rehabilitation Commission has announced that the Taiwan Provincial Government will employ the so-called "37.5 percent" reduced rent system beginning with the first harvest. Reduced rent is considered the first step in aiding Taiwan's agricultural rehabilitst?.on. RESTRICTED Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 F The reduced rents eyetem recogn zen that the nuprly ci eeede. nnime1B,toole and fertilizers' needed in farming the land should be.furniahed by the joint e farts oflandovner and tenant. The tenant will thus subtract 25 percent of the harvest to be used for the purchase of these materials. The remainder of the harvest will be divided equally, each side receiving 37.5 percent of the total yield. RESTRICTED Sanitized Copy Approved for Release 2011/07/07: CIA-RDP80-00809A000600240913-1 STAT