Whatever' the facts of this matter, the, as a practical business man, hav-ug mode the experiment in the ort of Chinese factory products, knows that the import taxes which Taw materials have to bear preelud them from finding a market abroad. To him it looks very like killing the ease that lays the golden egg. OM-(erate that. China become How can' this be Achieved unless! industry is relieved of its burden? It is useless to argue that the domestic market is available and that a" protective tant on the wholly manufactured goods of other countries will reserve that. tothe Chinese factories, The purchasing power of the majority of the people {in this country" is s0 low that the very, impor on raw materials overs will defeat the Which "de possibility. of
chance of China sales. What bulk of electric fans, bakelite products fnd\other such can now be purchased in the interior? The trader Tooks at history and thinks of the food work of former Customs off. cials in building a well organized service—which the government has been able to use as ite tax milch cow. Can an ing hot find machinery to free ports which are to be tories in developing Chinese Industry'
Text read from the printed page and cleaned; old type leaves the occasional error.