In reference to the suggestion that Shanghai rubber company: should agree to subject themselves to a self-imposed tax of one cent per pound of output, a representative of the "North-China Daily News" who on. Wednesday made inquiry among several of the ore representative men locally interested in rubber companies, found the general feel-dug to be that the great majority of 1 companies are quite willing—even anxious—to adopt the suggestion, and it seems more than probable at the time of writing that at least ninety per cent. of Shanghai British companies will agree to voluntary tax as soon as th The concensus of opinion seems to be that boards of directors have no power to make the necessary appropriations, and that all they can do is to recommend to the aharcholders that resolutions be passed empowering the directors to make the necessary arrangements by which one cent for each pound of rubber produced will be set aside to be sent to the Home Government, or otherwise used as may be agreed upon, At the meeting held on Thursday afternoon of he Chempedak Rubber and Gambier Estates the chairman put the matter before the shareholders. From the general tone of the comments heard on the sub-ect it is safe to say that other companies will take up the suggestion they bold their annual meetings. The suggestion was heard in one quarter that those companies whose next annual meeting will not be beld for some months should call special meetings in order earlier to pass on the matter.
Text read from the printed page and cleaned; old type leaves the occasional error.
