The Archive · 1893

The Late Cotton Cloth Mills

It is reported that, so far, the salvage raked up nut of the debris at' the recently burnt down Cotton Cloth Mills at Ya tsepoa has realised only a few thousand taels when suld to some native cloth dealers and brokers, and that official enquiries up to date have laid the entire blame on the mill authorities. There is also some talk that the Yang family will have to spend a considerable sum of money to save the younger brother's -fiicial raul, the money iboing intended 8 a nucleus, in conjunction with what has aredy been and will be realise! out of the ruins, for a new Cluth Mill, Thi, is owing to the fact that there is still some new machinery from Europe which ws not yet been unpacked, but which will be placed in connection with some more to be ordered out in the next future. It is intended that everything shall be re-commenced on mall scale, waiting for time and opportunity for greater development, Tf this pin be followed, the "sin of the accident," us the Chinese saying goes, will be greatly mitigated in the eyes of the high dignitaries at Tientsin and Peking.

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

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