The statement on our shipping page from the acting joint secretary of the China Coast Officers! Guild and the Marine Engineers' Guild of China, in regard to the decision of the China Navigation Company to reduce the salaries of its foreign. masters and officers by ten per cent us from Friday of next week, witl ferry much conviction to all' who read it. There is, of course, the: Company's side of the matter to be considered, but unless and until
Text read from the printed page and cleaned; old type leaves the occasional error.