Reduction of Freight Charges on May 1
Tokyo, Apr. 20." jotted that the Nippon Yusen Kaisha and the Osaka Shosen Kaisha, the two largest steamship Japan, have agreed to 3educe the freight charged for India and Shanghai in compliance with the request of the Government in order to assist the Japanese exporters. Accordingly, charges. for cotton tissues destined to India and Shanghai_will be respectively reduced to Y¥.19.30 from ¥.14.30 and to ¥.7.00 from ¥.8.00 as from May 1, it is further expected that the freights for cotton tissues destined to Dairen will also be reduced by 10 per cent, On the part of the Railway Department, the Authorities have decided to create the drawback system by 20 per cent. of freights for all sorts of export goods as from May 10.—Rengo,
Text read from the printed page and cleaned; old type leaves the occasional error.