The Archive · 1930

An Illustration

This may be further illustrated: 8 follows:

Take a commodity worth Shanghai Tls. 100, paying a duty of Hai-Kuan Tls. 10 or Shanghai Tls. 11.14. The amount of duty to be paid on this commodity, between: February 1 and March 15, would be about Shanghai Tis, 12, Thus, the total cost of the article, value and duty, would be increased from Shanghai Tls. 111.14 to about Shanghai Tls. 112, or less than one per cent.

From Masch 16, the " Haikuan tael will be given a value equivalent to 1.75 of the new unit, that is, to G.$0.70 or about 35d, The same commodity would be taxed about Shanghai Tls. 14 and the increase would be, for value and duty, from Shanghai Tis, 111.14 to about '114 or a little under three per cent.

These illustrations are based upon the sumption that silver, will remain as it is. If the value cof silver rises to approach 2/7, the amount of the increase will be proportionately less. So that if 2/7 should be reached, there will be no increase at all.

At present, the average of Customs duty is about 12 per cents The above illustrations amply indicate that the average increase in cost of goods laid down in Shanghai, at the present rates off exchange, will be approximately one per cent. after February 1 and three per cent. after March 15, Cou. Yuan Liang, Commissioner of Public Safety for Greater Shang hai, has ordered his subordinates to accord special protection to the members of the China Red Cross Society who will be permitted to go to the region where martial law is being enforced, 1

Tueee representatives appointed by the Shanghai Chinese Shipowners Association will leave for -Hangehow to-day to call on the chairman of the Chekiang Provineial Government-to request collation of the order recently, issued by that government for the collection of a famine relief t from the shipping companies running ships between Shanghai and Chekiang ports, When sojourning. in VICTORIA, British Columbia, make your home MARI CHALET, Victoria' (fully furnisheay finest residential apartments, located in the famous Oak Bay residence section nea the beach, car line and golf Tinks, Each apartment contains living room bed room, bath, electric kitehenette—some with electric refrigeration, Best eds in Canada. Vacuum steam heat, Rates $00 to $100, per month.

Victoria and Vancouver Island offer the most bountiful and interesting place on earth for people from Orient to spend their periodical vac tion. posting, bal Ing, countless other pleasurable di

Text read from the printed page and cleaned; old type leaves the occasional error.

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