The Archive · 1902

Chinese Verbal Contracts

To the Editor of the "Nontu-Caixa Dairy News."

Sm,—Referring to the Mixed Court case Which was published in your issue of the Sth instant, I think this case is of the greatest imp trance to local trade. If the cision of the Magistrate renviius unchal-Jenged business wil be impossible for Dyokers and auctionee: s, ant for transi tions for immediate delivery. There are no firms that record each transaction done through their compradore or on contract forms.

The whole business is based in the first instance on mutual confidence, and if a mise given before witnesses is not nding, business will be impossible.

T think the Chamber of Commerce ought to take the matter in hand, for in an in'er-national settlement like' Shanghai the customuy rules of trade are recognised by everyone'. There should be no exception made for the Chinese only.

Lam, ete., Mencaror.

8th May.

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

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