Taxation as a fieeal measure, is tone of the many things which China has learnt from the Western nations. All the new taxes which 1 have been dislocating commerce causing most disastrous results on the economical stability of the country," against which foreign merchants have never ceased to complain, were introduced within the last two decades. Since the inauguration of the republic, the list of taxable commodities has inerensed to an appalling extent, civil commotion that has taken place driving recent years has helped to swell the number until to-day nearly every necessity of life is taxed, without the tax: 1g a Toast voice in the The people are called upon to pay, pay and pay. The baneful results of the resent system. of taxation without limit respeet= ing which no immediate relief is visible, has condemned the nation to great misery. Very few commercial articles are to-day free from its operation. In many inst-lances, taxes are fixed at arbitrary ates in some parts of the country where a much higher tariff isin force, making it impossible for the merchants to market their goods with any chance of success. This has caused stagnation of commerce Producing at the same time economical crisis.
Text read from the printed page and cleaned; old type leaves the occasional error.