Plan to Regulate Cut-throat Competition Nanking, Bar. 23, every programme for Nan-juding the introduction of is being formulated by the chamber of commerce with stance of local authorities.
Both the chamber and. the mu cipal government have bern greatly exercised over the current depres. sion, which has caused a number of shops to suspend business, while others are carrying on with the utmost diteulty. Silk stores and. {tive barks are particularly hard hit by the depression.
Unlike the N.R.A. codes in Amer-jen, the codes likely tw be introduced here will have nothing to. do with the relationship between capital and Ntabour, but will be chiefly der'ened ied some wild {0 prevent cut-throat competition fers among the shopkeepers, wth con sequent falling of priees—Rewtrr tained'a friendly' attitude towards 'China and' he would do his w: most further to consolidate: the ties of friendship between the two countries.
'The Note in which the Chinese Government requested revision the Sino-British Commercial Treaty ras, he pointed out, under considera tion' by" H, "A. Government, from! whom he had so. far received no} instructions in the metzer.
Questioned concerning the position arising from the alleged entry of armed Britis guards into Yuanan, the British Minister said. that ree ports from British sources indicated that the incident was not so serious shad been reported in some eir-les, The reports had been placed in the hands of the Chinese Foreig Gtice for their reference. Tu con clusion he expressed his utmost wil fingnens to settle the question" in friendly manner, with the. co-Gperation of the Chinese authorities,
Text read from the printed page and cleaned; old type leaves the occasional error.