Clash with the Peking Law:
Activities of Local The Nationalist Government, has promulgated a new Trade Mark Law, which was supposed to come into effect on Tuesday.
Hereafter, according to this Inw, trade marks are to be ravis: tered with "Nanking's Tratle Mark Bareau, even if they have already been registered with the Peking Bureau, which has received international recognition.
The Local Imitation Some time last year, a bureau of the Shanghai Chinese' Munieipality decided that it should register trade marks, because there was no other agency in the Nationalist Government to undertake this work, There was immediate criticism, frst, because the registration of trade marks is a national and not a municipal function; and secondly, because firms had gone to enormous expense to register with the Trade Mark Bureau in Peking and no logical explanation was offered as to why they should duplicate the expenditure. Firms were reluctant to.register and were not advised by their Consular officers to do so.
Recently when the Ministry of Commerce and Industry of the Nationalist Government was organized, it was assumed that the municipal ceipts of the Luxury Surtax and Export Surtax, and, at the end of every month, keep the amount required for the interest payment of the Second Series, returning to the Shanghai Inland Tax Bureau the balance. The revenue from. the aforesaid. surtaxes totals $500,000 to $000,- 000.2 month and, therefore, sal-ways leaves a surplus, 'Thus the payment of interest' on the Treasury Notes is well secured. At the time of issue, this Second So also. commanded a low price, In these days they are quoted at around, $81 per face value $100 note,
Text read from the printed page and cleaned; old type leaves the occasional error.