Five Per Cent, Levied by Stamps on Sale Peking, Feb. 25.
The plan to tax luxuries, which had been postponed for some times owing to opposition by Chinese. merchants, wis passed at the meeting yesterday.
The new tax i8 to 40 into operas tion from Murch 1.—Toho.
Feb, 27.
The United States, British and Japanese Lgeations have protested to! the Waichinop regarding—the posed Luxury Tax on consumers in Peking, pointing out the ill effects it would have on trade and the ile legality of the Tax, Mar. 1.
In spite of the protests lodged by the Legations, the Chinese Chamber of Commerce and business men-the Government to-day imposed the 5 per cent, luxury tax collected " by means of stamps upon sales.
The Chinese are still protesting. and are making. vigorous attempts to obtain the withdrawal of the tax, which is very unpopular, though the rate ig much lower and the number of articles taxed much less than had IT, M, S. Bee, flying the flag: Rear-Admiral H, J. Tweedie, Senior British Naval Officer on the Yanztoe, arrived on Monday afters noon.
Text read from the printed page and cleaned; old type leaves the occasional error.