July 30, Mr_ S$. Fessenden, Chairman of the Shanghai Municipal Council, told a representative of the "North China Daily News" yesterday, that another conference had taken place with representative Chinese in regard to the rate question and it appeared that a basis amicable to jail parties had been reached. was, however, not thought politic to disclose at' this time the nature Jof the potential agreement but Mr. Fexsenden was of the opinion that Jo Settlement would be concluded within the next few days.
Meanwhile the general situation practically unchanged. Several Chinese banks and many Chinese merchants paid their taxes yesterday.
In an advertisement in the Chinese papers yesterday, the Chinese ratepayers were exhorted by the Association to "keep quiet and wait for an announcement by tke Association, "It says that a number of conferences have been held and that a settlement will be Jarrived at in three or four days. "While negotiations are proceeding, it is important that we should remain firm," says the Association's advertisement, "and all are request fed to keep quiet and wait for an Jannouncement by this Association." If further says that circulars have been distributed by the dogs of the imperialls presses the hope that the people med {Will play no heed of them.
'At 10 am. on Thursday, according to reports in several' of the Chinese newspapers, representatives, jof the various local Chinese bodies held a meeting to discuss ways of dealing with the rate question in the Settlement.
'At 4.20 p.m, a meeting was he between the representatives. of Chinese Ratepayers' Association and of the Municipal Council, according to reports from the same sources, and it was decided that the whole question of rates should be solved within one week. It was further decided, it is said, that the first step to be taken would be the re-opening of the shops that had Hbeen closed because they refused to pay their rates and that the Ticenees withdrawn should be restored.
The Reported Settlement Aug.
In connexion with the case pend ting in the Court of Consule for the International Settlement of Shanghai, in. which the China Publishing (publishers of the "China Cour-for") are the petitioners in an action Jagainst the Council Zor the Foreign. Community of Shanghai, and. in [which petition the petitioners pray the respondents. from discontinuing the supply of electric power, the Court fof Consuls considered an ex parte Japplication by the peti {temporary injunction, The Court ordered the pet to deposit the sum of $1,000 in the [Court (which sum is sufficient to cover the Municipal vote due to the 'Shanghai Wlunicipal Council and costs in the ease) and payment wa fiuly made, A temporary injunction was thereupon issued and served on the Council late yesterday afternoon and in' accordance therewith the electrility supply was restored. The date fof the hearing of the action has not yet been set down, Aug. 4.
At w committee meeting of the Chinese Ratepayers' Association, on Wednesday it was announced that in connexion with the opposition 10 the increased Municipal rates, the inister of Foreign Affairs at Nanking had been instructed to take the matter up with the different Consuls.
Text read from the printed page and cleaned; old type leaves the occasional error.