The official "Cen'ral Daily News" published this morning full details Jof a proposed Sino-American ship-Ping project. states that some time in Robert Dollar, of the ines, submitted a memorandum to Dr. ©, T. Wang, the Minister of Foreign Afairs, on the subject of closer ce-apers this "Memorandum Capt Dollar made the following proposals regarding the development of shipping in China:
1. Titat the vessels employed ghoild be supplied by the Dollar 2. "That the administration and working of the vessels and serices should be in the hands of the 3. That the ships should fly the Chinese flag.
4. That, subject to certain condi tions, the Company should pay royalty on its profits to the nese, Government.
'That the Company should reier under Chinese registration be under the super' the Chinese Board of Navigation.
6, That the ships employed, to conimence "with, should sail' between Shanghai and Hankow:
Text read from the printed page and cleaned; old type leaves the occasional error.