The Archive · 1883

Hu-peh Yuen-yik-ching 3

3) Kinng: chig a Saw:

{Copy.] Hankow, 11th May, 1888, Chairman of the Hankow Ten Guild. honor to inform you that a'spocial meeting, called by the Chamber of Commerce, of those i din the tea trade, was held this afternoon at the Hankow Club, to consider your Circular of the 1st instant, respecting the ' Rules for the Weighing' of Teas at Hankow as adopted by the Tea Guilds," and that the following resolution was passed, viz, "That the proposition of the Guilds with regard to the weighing of tons be accepted, subject to the following modification—that any fraction of a pound in the tare count in favor of the buyer. In case the foreign buy: shall have the right of appointing an arbitrator to act with Mr. Rothwell, the two arbitrators to choose an umpire if necessary, and on the condition that the practice of sending out false chest musters be auprossed. ied—That the Tea Guilds be requested to take steps to have the prices of all settlement correctly reported in the Market Book."

I shall feel obliged if you will notify the Tea Guilds of the above resolutions, Thave, ete., (Signed) ©. W. Gorpox, Acting Secretary Hankow General. Chamber of Commerce.

[Copy.]

Hankow, 12th May, 1883. W. Gornos, Esq., Acting Secretary, &e Sin,—I beg to acknowledge receipt of your letter dated 11th inst., informing mo that a special meeting of those interested in the tea trade had been held at the Hankow Club to consider the rules for weighing teas adopted by the Guilds, With rogerd to the modification of the tare I regret to say that the Guilds cannot entertain any further changes. In case of a dispute arising the Guilds are quite willing that the foreign buyers shall have the right of appointing an Arbitrator to act with Mr, Rothwell, the two Arbitrators to choose an umpire, if necessary. With reference to false chest musters the Guilds regret they are unable to suppress the forwarding of them from Kewkiang, and

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account