Oct. 28.
The second edition of "China's Customs Revenue since the Re-evolution of 1911" is out of print. That work which was first published jin 1925, to be followed two years ater by a second edition, is rec-cognized as an authoritative and attractive exposition of the financial structure of China's administration.
Its author, Mr. Stanley Wright, assisted now by Mr. J. H. Cubbon, thas just produced a third edition. The need for this effort is not derived solely from the exhaustion lof the former edition. Since 1925. jas Sir Frederick Maze observes in a brief preface, vital and far-reaching chinges have. taken place in the administration of the Customs and of the Customs Revenue. Pre-eminent among these changes is China's recovery of her right to tariff autonomy, which naturally brought with "it the National Import Tariff of February 1929. The greatly increased rates of this tariff, made subsequently, resulted in widespread smuggling. To protect the revenue and check frauds a series of new measures were put into effect.
These measures included the abolition of the back system, the creation of a Tariff Board, revision lof the Yangtze and Inland Water Reguletions, and a Law definitely designed to check smuggling. The Government has not confined its activities to protective action; it has attempted. to encourage trade by abolishing likin and other internal imposts. The exigencies of a high {tariff have brought a preventive feet into being. In six years it has [developed an establishment which comprises 26 sea-going vessels and 33 launches, with a stof of over 1,200 including 130 foreimers. It will be seen therefore that Mr. Wright and his colleague have
Text read from the printed page and cleaned; old type leaves the occasional error.