Various reasons are suggested for the failure of the company, chief among which are the follow-
'Certain officers of the company took @ very ill-advised step when they gave encouragement to the labourers of rival firms, thus eventually preparing a rod' for their] own backs; Tleavy taxation imposed by. the ional Government' on Chinese cigarette manufacturers has made it} impossible for the company to. sell its, products at' reasonable prices: jinereased import dues have been demanded by the Central authorities; Strong competition of foreign tobacco companies, foreing the com: pany to sell its products much bo-Tow the cost of production; and Unfavourable exchange rates hit
Text read from the printed page and cleaned; old type leaves the occasional error.