As an impossible and inoperative sop to the many protests and complaints of foreign exporters (Chinese of daring to raise their voices), the local naval and military authorities from whose offices. these restrictions have emanated, a few days ago agreed to permit merchants to "ship fand_also negotiate their documents at Shanghai at current rates, but their' remittances to. Tsingtao from Shanghai for these same. shipments had to come through the Yokohama Specie Bank, whose charge for this transfer or remittance 1s approxi= mately. 40 per cent, In other words, after selling their export documents' in Shanghai-at the current rate of say 8d, or U.SSI6 and realizing say a sum of Ch.$i0,000 this sum on being transferred. to Tsingtao through the ¥. 8, B. would only net the exporter Federal. Currency $0000, This of course is a8 prohibitive as the original restriction.
Text read from the printed page and cleaned; old type leaves the occasional error.