The Archive · 1930

THE CHEKIANG SILK INDUSTRY Reduction of Provincial Taxes

Urged to Save Trade

Shanghai, Apr. 20.

A telegram to the Chekiang PI. vineial Government Committee urging the reduction of provincial taxes on silk and satin piece goods in order to enable these native pro-duels to compete with imported foreign goods has been despatched by the Committee for the Reorganization of Commercial Organizations in Shanghai in accor dance with a recommendation from the local Silk Merchants' Guild.

The telegram attributes the phenomenal decline of the silk in-in the province of Chekiang recent years to the exorbitantly high: provi Sion on sik, stating that the cone tinued fi ion of such heavy {evies will shortly drive the industry to extinction—Kuo Min.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account