In 1992 the total value of trade of all Yangtze ports above Shanghai was "Hk. 'Tls. 482,402,000. Revenue derived by the Gusioms, ieluding payments at Shanghai for up river goods, was about Hk, Ts, © 10,900,000:" assuming surtax of five' per cent, river traffic would have produced a. re-
would allow a capital expenditure ence of Hy Tle, $48,000. "Phi of Hk. Ts. 590,000, In the very short time that the Yangtze River Commi has existed, it has obviously been Impossible to. obtain information enough to get un exact idea of fests. But speaking very. generally, Mx, Palmer. reason to believe "that the sum required fo remove one of the obstructions
not be less than three a alt 18 draft navigation, could million Hk. Ts pty rhstruetions oceutr.
'On the while' it may be assumed that m capital expenditure of probably. twenty. five millions Hk. Tis. would have to be faced. to obtain freedom from rest ing 18 fect.'
ATTERNATIVE OF DREDNING, Training works bétog obviously of court, Mr. Palmer considers the possibility of dredging, (on, which, for gniimerating: cor: ela s—st Pee rain necessary factors he" con-
to about Hk. 'Tie. 800,000 nnd "The capital cost' might amount
the running costs' to' about, Hk. 'Tis 330,000 per annum. Fixed charges with interes at' 6 por cent. amortization at 4 per cent., would amount to 10 per cent, so; that "the total annual coat might be in the neighbourhood of ta." man. ven figure is in excess of the possible Reventio from the surtax of 5 per cent. already alluded to, on the 1922 basis trade, and. to' produce a balanced budget, including say 10 por cent. on the running costs for overhead charges, it would be necessary to increase the surtax to at lerist 7 per cent.
Maritime Customs collections derived from the trade of all Yang. tze Ports above Shanghai."
Text read from the printed page and cleaned; old type leaves the occasional error.