Petition for Exemption from Import Duties Recent reports published in various newspapers' to. the effect. that local Chinese shipbuilders would be exempt from paying Import duties on shipbuilding' materials are. incorrect, According to the management of the Kiangnan Dock & Bngineering Works, Owing to the backwardness of the steel Industey'in China, the manages ment sad, mast shipbuilding materials have to.'be- Imported from abroad 'Thus, load shipbuilders have 10 pay both' freight and dite on Imported materials, making their prime" costs Figher than those et foreign. ship= to the Customs of levying a the on There i a further disadvantage due
foreign built veusois for trading In Ching, it is. explained. Thus, focal shipbuilders have been' placed' in an Uinfavourable position when incom: Petition with foreign shipbuilders Such conditions, it is emphasized, wit gventaly "ste nina ahip-Chinese labourers.
ing development and the welfare Works, actuated by" the' sive of The Kiangnan Dock & Enginecrin
securing equally in treatment, sent Petition some time ago to the' Gov: Senment, asking that elther"'dutles Should be Tevied on, foreign "built Weitels for 'Ching, or that "the ime Portation of shipbuilding materials China be exempt from duties, 40 hat Yoeal"'and foreign' shipbuilders will stand on an equal footing.
This petition, however, iis state has not yet been approve 10
Text read from the printed page and cleaned; old type leaves the occasional error.