Shanghai imports approximately} 3,000,000 tons of coal per annum but not all of this is Chinese coal, neither is all of it used locally. Some comes from Japan and fron Sino-foreign capitalized mining eom-Panies and, actually, only a small percentage comes from mines Which are Chinese owned, capitalized and managed. In addition to the sup-Plies for local factories and mills and for the railways and steamship com-Panies, large stocks are sent each your to Soochow, Wusih and Changchow, on the" Shanghai-Nanking Railway, and to Kashing and Hung: chow, on the Shanghai-Iangchew. Ningpo Railway. However, Shanghai alone more than 400,000 tens are consumed each year, more than one half of which comes from Japanese sources, With a view, now, to encouraging the development of Chinese mining companies and the use of Chinese onl in preference to Japanese coal boycott against the latter having] been declared early last month, from the 15th day of which no! Chinese coal merchants wore per mitted to order or to accept delivery of coal from—Japanese sources), the local Chinese merchants and bankers, with the ¢o-operation of the Ministry of Agriculture and Mines, have started a_ campaign, 'The idea is to press the boycott and to encourage, as stated, Chinese onl mining and the use exclusively'
Chinese coal.
Text read from the printed page and cleaned; old type leaves the occasional error.