We are informed, in connexion with the above, that information has been received in Shanghai by the China Coast Officers' Guild and the Marine Engineers' Guild of China that the circular which was issued to the floating staff of the Indo-China Steam Navigation Company, notifying them that a reduction' of salaries of 10 per cent. would come into effect on March 1 has unconditionally been withdrawn by the Company.
'A meeting of the combined Guilds was held in Hongkong on February 21, and a similar meeting in Shanghai on February 25, the result of the meetings being a resolution to the effect that in the event of the reductions coming. into force the officers of all Indo-China vessels should come out on strike at the first opportunity. On Friday, a letter was handed to the head office of Messrs. Jardine, Matheson and Ca. at Hongkong notifying this decision, and stating that it would be put into effect in the event of a reply not being received by noon on Saturday stating that the reduetion had been abandoned, We understand that 'a reply from the Company, stating that the circular would be withdrawn immediately, was received by the Guilds in Hongkong on Friday evening.
Text read from the printed page and cleaned; old type leaves the occasional error.