International Commission to Meet in Shanghai Peking, Jan. 13.
The Waichiaopu announces that the revision of the Customs tariff, whereby the customs duties will be brought to an effective five per cent., will be in the hands of an international commission of which Admiral Tsai Ting-kan will again Chairman. This commission will also meet at Shanghai.
The increase is to take effect four months after the conclusion of the Washington Conference and two months after the publication of the revised duties. It is not known whether the Washington Conference has decided upon the period from which the duties will be assessed, but it is anticipated that it will cover a number of years again be below the present actual effective rate, owing to the great change in prices since the beginning of the war.-Reuter.
Washington, Jan. 17.
The communique issued to-day detailing the agreement regarding the revision of the Chinese Customs Tariff to make the rates equivalent to five per cent., says: A commission shall meet at Shanghai at the earliest practicable date in order to effect a revision forthwith and on the general lines of the last revision. The commission shall comprise representatives of the Nine Powers and representatives of any other Powers recognized by the Powers at the present Conference who have. treaties with China providing for the tariff on imports a>d exports not exceeding five per cent. ad valorem, and desire to participate. The revision shall proceed as rapidly as possible with a view to its completion in four months. The revised tariff shall take effect as soon as possible ut not before two months after its publication by the Revision Committee.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.