We are informed on ex. cellent authority that the China Navigation Ca. has decided to restore, as from July 1, the 10 per cent. reduction in the salaries of masters and officers which came into effect on July 1 of last year, and which led to the prolonged strike of the Company's floating staff. that London and New York have had a fall month in which to realize what they are losing, which, of course, may be assumed to be more than the difference between $84,000 and $45,000, since many of their customers have transferred to!
Monigsberg's Apple Green pumps.
So the decree goes forth that} Honigsberg must be frozen out. Tt means yet greater loss for a little time, but, if only this troublesome and audacious midget can be got tid of the oh lucrative monopoly will be} restored, prices can be put back again to the former level and the times of fatness will return. anyone doubts that this would be the immediate consequence of Honigaberg's being forced to stop selling gasoline, we are informed that in Tsingtao and Tien there has been no challenge to the Companies' monopoly they are selling gasoline at 80 cents a gallon.
We may be perfectly sure that as soon as it was quite certain that Honigsberg's were out of the market, up the prices would go again. "Indeed it would not be surprising if gasoline went to 90 cents or a dollar, in order to recoup the Companies for the profits they have had to forgo during the past six weeks, 'That the Companies' present move was foreseen from the beginning Honigsbcrg's attack on their mono-freeze out the small firm, and that then it would be necessary t appeal very urgently to motorists to back p the latter and see to it that the! big Companies are not enabled to! re-establish their monopoly.
Text read from the printed page and cleaned; old type leaves the occasional error.