To the Kaditor of the "Norti-Carya Day News."
Sm,—On behalf of my Company's interests I cannot allow your Wenchow correspondent's letter which appeared in your issue of the 13th instant to pass unnoticed. aes One would think from perusing it that there is a gold mine in the steamer trafic of the above line in connection with that port, but if your correspondent will take the trouble to find out the true state of the trade, he would find that the steamer business is not so bright and remunerative as he paints it. The fact is that for about nine months in the year our steamer runs. about half empty, and the China Merchants' Company loses in the Wenchow trade about Tls. 3,000 every year.
Your correspondent is ike a man who views the sky from the posture of sitting in a well whence he can see nothing but his own little view, when he charges this Company with having " monopoly so ti no other steamer can run in opposition without leave or a charter, also when he suggests that merchants "are oppressed Deyond endurance and passengers are trested like pigs. Every one knows that Shanghai and Wenchow are open ports, that there is no restriction to any Wen-
Text read from the printed page and cleaned; old type leaves the occasional error.