Farmers Uneasy, Merchants Anxious: Rice Crop Ruined nest Our OWN, ContesroxDENT
Kashing, Che. Aug. 17.
'This has been a watermelon sum-met. Other local fruits have been abundant. The rice planted early has been almost drowned neat' maturity, the late crop is going too much to stalk and straw. Farmers feel uneasy, merchants anxious, Clear, hot weather will improve the
Confidence in the future is of: outlook, pressed by an unusual amount of house-building. On a new street recenty opened, every available lot is under contract for a house of some kind, rented before work gins, Taxation As everybody knows, silver tax on land is paid in summer, the grain tax in winter, Each mow of rice-land assessed at Tis, 0,187, ordinary high ground Tls. 0, 158 and grain, Piculs approx, 119, This seems very low indeed. But it is only seeming. When the farmer comes in to pavy the tael could be bought at banks from $1.38 to $1.40, but the Tax Tze! under the Manchus and Repabli: costs about $2.66 or double market rate. Now for the current year, new rate for silver Tax Tael is $3. 964, nearly three times the market rate, The Grain Tax rate has not yet been fixed, but as grain is no Tonger accepted, the currency equivalent is likely to be in similar proportion,
Text read from the printed page and cleaned; old type leaves the occasional error.