The Archive · 1927

Shanghai, Aug. 22) 1927

To the Editor of "the Nowru-Emma Datty News." fm,—A letter under the heading appeal your Monday edition, signed "N.K. A Shopkeeper who hates castor of.

What T want to ask is whether! the letter was meant to be a joke, or whether it contained some deep, principle, which, not being a "pia: ness" man, [am unable to fathom. Ifa Joke, then I bite This shopkeeper bought a case of whisky at. $8. per bottle, sold nine! bottles at $3.30 per bottle, and then, owing toa rumour of ' future increase in price, he sold the remain. ing three, bottles at $4 per bottle, thus realizing total of $41.70 or a profit of $5.70, on the case which might be considered quite handsome.

Then comes the joke. He then maintains that asthe next case he buys will cost him $42, he has ost 30 cents on the transaction. He! intends to sell in future at $4 per dottle, thus making a useful profit of $0 per case on all future cases; sold, Where is the loss? He made $5.70 profit on the first case and will make §6 on every future case. Business ideas in China must be! unique if this letter is to be taken seriously, and there must be some the totter im question takes the]

biscuit, in fact, the writer should be!

entitled to a fat billet in the Bureau

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

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