is opened to international trade, the com When the new treaty: port of Woosung
mercial world will, we venture to think, find it is but " qualified advantage, inasmuch as the whole of the foreshore hag been reserved. for the special _uso and benefit of the Imperial Chinese Railway Administration. This allotment as shown in the plan: of the proposed new settlement, already sanctioned by the Chinese authorities, not only includes the foreshore from the present railway terminus to Prince's Pier but extends quite a considerable distance inland, whilst the for-sign houses and buildings will be built behind. This on the face of it favours a system of monopoly and when it is further taken into consideration that arrangements are projected for the erection of extensive godowns for the railway all along the front it will be seen that the concession is two for the Chinese and one for the foreigner, who it is to be imagined will be expected to open up the district and secure the prosperity of the railway. " Although somewhat small but substantial pontoon and pier have been built feeing the exist' ing -Woosung station it is proposed to continue the line us far-as Prince's Pier and probably farther, with numerous sidings for loading merchandise from the godowns. The extension will not be carried straight from Woosung Station but owing to the Woosung Creek a detour will be necessary and the line: will cross the creek some third or half-a-mile above the mouth; leading thence down to. the Pier. Beyond Prince's Pier lies the land recently purchased by Messrs. Jardine, Matheson & Ca., and which it is ramoured will be used for the erection of wharves which would place their vessels direct communication -with Shanghai by rail, and onwards as time goes on. Dhis would naturally'be a great advantage to any steamship conipany, besides. ensuring an extensive freight traffic for the dine." It would, however, only be of great, advantage when the extension beyond Shanghai becomes an established fact Messrs: Jardine's wharves in the river are sufficiently convenient for Shanghai itself. It isar the same time merely.a surmise that
Text read from the printed page and cleaned; old type leaves the occasional error.