It Is more or less understood that the new tariff schedule will not be promulgated on October 1, although has been freely reported that the new schedule will come into force Dut there are be revised, and since the. Central Government is: being reorganized, the new schedule cannot be officially promulgated until the: reorganized government comes into, being. It Considerable speculation, it will be remembered, was aroused here towards the end of August when telegram wat published containing news of contracts, said to total £15,000,000 in amount, which were in prospect between firms in Great Britain and the Nationalist. Government. The news, which was. originally published in the "Daily Express," London, indicated that 9 syndicate had been formed, that it would enter into an agreement with the Nationalist Government, and that it would finance and carry through these contracts for rehabilitation of China, Local quiry. failed to bring forth any definite information on the subject, fand in the circumstances the correspondence which we publish below is of great importance as clearing up the situation. For this we are indebted to the local office of Messrs, Rose, Downs & Thompson (Far East) Led.
Inquiry. to Federation of British Industries The first of the letters is by Messrs, Rose, Downs & Thompson (Far East)' Ltd., Hull, to the Federation of British Industries, London:—Avg. 21, 1928
Dear Sirs;—We have read th report printed in Saturday's "Express" relating to large contencta which it is stated are about to be signed between British manufacturers and the Chinese Nationalist. Government,—and should be pleased to know if you fare in a position to confirm whether these reports are correct. If #0, we should be pleased to receive any further information you could give us on this subject generally; and particularly what terms and: hare beer obtained, and what is the signi-'Of the announcement to merchants trading in China as we are,
Text read from the printed page and cleaned; old type leaves the occasional error.
