Hongkong, Jan. 21.
A summary of the report of the! Economic Commission has been sub-'Hongkong Government, and the full report will be ready sometime this month. Tue report has made a thorough study of the trade conditions in Hongkong and South, China and has made recommendations on how to improve the trade of this Colony.
Landlords in Hongkong have been agitating that the rates chauid be reduced from 17 per cent. to 13 per cent. This point is understood to be covered by the full report of the! Beonomic Commission. "The question jot whether Hongkong should have a. protective tariff is also dealt with in the report. The-Chinese tariff calls considerable comment, as mos! goods in Hongkong are on transit to} other parts of Kuangiung.
Foreign and Chinese merchants in Hongkong believe that Canton's so-Jealled Three-Year Plan is a great impediment to local industries. The JThree-Year Plan, say the merchants, really concern "government the al tablishment of monopolies, and this Lurts business men of this Colony as well as those in other forts of the province. Formerly Hongkong importers sold a good deal of sugar, [cement, and molasses ea the main. land, but now these goods are sold by the Kuangtung Provincial Government.
The goods do come to Hongkong! from Java, Japan, Shanghai, etc. but they are bought by the Chinese government which sends down government launches and transships them Jdirect to the government-owned fac~ tories in Canton. There the goods are wrapped and labelled and sold by the National Products Sales Office. which hus opened a branch office in Shanghai.
Text read from the printed page and cleaned; old type leaves the occasional error.