MINISTRY OF TRADE REGULATES WHEAT SALES; GRAIN SMUGGLING FROM KWANGTUNG CONTINUES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000600320906-0
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: August 18, 2011
• Sequence Number: 906
• Publication Date: July 13, 1950
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/08/18: CIA-RDP80-00809A000600320906-0
11
Yi
CLASSIFICATION CONFIDENTIAL
CENTRAL INTELLIGENCE AGENCY REPORT 50X1-HUM
INFORMATION FROM
FOREIGN DOCUMENTS OR FADIO BROADCASTS CD NO.
COUNTRY China
SUBJECT Economic - Grain control
HOW
PUBLISHED Daily newspaper
WHERE
PUBLISHED Hong Kong
DATE
PUBLISHED 10 Jun 1950
LANGUAGE Chinese
71110 DOCUIIRT CONTAIN/ IMr011AT10N Ar10CTIN0 Till NATIONAL 0010000
OV THE 001100 0TAT00 WITHIN THE HURT:* or 00NONAog ACT w
V. S. C.. 11 AND 0[. Al AMENDED. IT0 TIAN111,/101 OR 710 11U11)AT100
Or ITt CONTENTS IR ANT 1AN110 TO AN URAUTHOI1110 P11100 If /10'
1101TED by IA/. OEr10DUCTION or THIS 7000 I1 PROHIBITED.
SOURCE Ta Kung Pao.
DATE OF
INFORMATION 1950
DATE DIST. 1~ Jul 1950
NO. OF PAGES 2
SUPPLEMENT TO
REPORT NO.
THIS IS UNEVALUATED INFORMATION
MINISTRY OF TRADE REGULATES WHEAT SALES;
GRAIN SMUGGLING FROM KWANGTUNG CONTINUES
for these buyers to purchase.
COMMITTEES TO CONTROL MARKETING -- Hong Kong Ta Kung Pao, 10 Jun 50
Peiping, 9 June (Hsin-hua) -- As the 1950 wheat crop appears to be larger
than in previous years, the Ministry of Trade, with the expectation of heavy
selling, has instructed all trade bureaus of the large administrative regions,
Peiping, Tientsin, and five provinces in North China tq abide by the following
regulations for handling wheat transactions:
1. The main policy of all government trade organizations in control of
wheat buying is to control the purchasing price which would allow private
buyers a certain amount of profit upon reselling. Forming a monopoly should
be prevented, but those buyers who abide by the regulations should be permitted
to purchase the quantities they want.
2. To regulate private and public buying of wheat, each large and medium-
size city should set up a joint wheat-purchasing committee, on which flour
mills, food-processing factories, food merchants, etc., are represented. Its
duty would be to study the capital situation of buyers, set up purchasing plans,
designate buying areas, and notify the governments in the buying areas of allo-
cations. When the buyers exceed the supply of wheat, the government in the buy-
ing areas should'establish distribution plans to prevent competition and rais-
ing of prices.
3. Other buyers who do not wish to join the buying committee may make
their own transactions. No trading bureau shall set a limit or deny permission
I+. Any buyer may request assistance from the trade bureau if necessary.,,.
in buying a large amount of wheat. ~'%?
STATE
ARMY
NAVY
AIR
NSRB,
FBI
Sanitized Copy Approved for Release 2011/08/18: CIA-RDP80-00809A000600320906-0
 Sanitized Copy Approved for Release 2011/08/18: CIA-RDP80-00809A000600320906-0
? . d Al 1 li7L
REGULATIONS FAIL TO CONTROL GRAIN SMUGGLING -- Hong Kong Ta Kung Pao, 10 Jun 50
Canton, 9 June -- The South China Financial and Economic Control Commission
issued the following announcement today:
Kwangtung Province is one of the provinces in our regional district which
does not have adequate supply of food. As a result, no exporting of rice and
grain from this province has ever been approved by this commission. However,
numerous evidence indicates that a large amount of such commodities are being
smuggled out by racketeers and the civil population as well, mainly through
the town of Shen-ch'uan. Therefore, more rigid controls will hereafter be en-
forced. As of this date, all rice and grain, regardless of quantity, shipped
to Shen-ch'uan by railroad or over highways, shall be investigated by the per-
sonnel of government trade organizations, all illegitimate grain confiscated,
and all violators punished.
The regulation to.control export of grain from Kwangtung to Hong Kong and
Macao, which has been in effect since 23 February 1950, is not effective enough
to stem smuggling since it allows a person to transport an amount of grain worth
less than 2,500,000 yuan, or about 620 shih chin /ne shih chin equals 1.1
pounds], and the smugglers have operated by taking advantage of this limitation.
According to an official report, about 50,000 shih chin of rice disappeared each
day from Ta-sha-t'ou and Huang-sha areas in April. Enforcement of more rigid
control is necessary to stop further drain on Kwangtung's food supply.
Sanitized Copy Approved for Release 2011/08/18: CIA-RDP80-00809A000600320906-0