According to Chinese information certain well-to-do (hinese last year erected number of houses at the! boundary of the Settlement and the Obspei district, as a business investment, bat as business declined and land fell io value, the scheme failed It was proposed at the time to inaogarate s lottery, following the precedents once carried out in Chiokiang acd also with certain property io Sinzs, with 60,000 tickets at $16 each. The Jand and houses, valaed at $400,000, were to be offered as first prize. It was arranged that the wioviog combers would correspond with those drawn for the Hupeh Lottery ina certain month, Alter s time, as many tickets were not cold, the drawing for this property lottery was postponed for several wont be, till at length, it was deemed expedient to reduce the prizs to $40,000 for40,000 tickets, and ticket boliars of numbers exceeding 40,000 were require! to exchange then for tickets with numbers below 40,000. This raised a storm been to di places and of protests, as tickets had
the difference in price for a Hupeh lottery ticket and the Tsi Yi Lottery wakes the cbenze arranged very unfair. Some two handred of the ticket holders in Sheogbsi recently met in the Chaw-ber of Commerce and resulved to oppose the proposed drawing, but demanded refund of the money paid for the tickets, Thovo la charge of the lottery, homerer, insisted on a drawing as the only way of solving the problem and promised tu: hand over all nuxold tickets, amounting to 46,000, to the Chamber, and agreed also to distribute the $60,000 among all the ticket holders, if the winning namber drawn should be among the: unsold tickets, October 5.
Text read from the printed page and cleaned; old type leaves the occasional error.