head office at Hsiakwan, Nanking, independent of the likin headquarters to which they formerly belonged. The sole object of such' a transformation towards—reorganization and betterment rests in the financial administration of this province and has nothing to do with the designated taxes themselves. The merchants have noth-Ing to gain or nothing to lose by this act and to declare a boycott would. be unfortunate and foolish, says the Chinese Press. As to the loading of goods against invoice, this is in full accord with the original agreement entered into between the Railway administration and the Bureau of Finance of this province.
Text read from the printed page and cleaned; old type leaves the occasional error.