son Ofice of the Asia Development Negotiations are at present proceeding for obtaining 2 suitable hall, for the purpose of holding mass meeting of tenants of every Spokesman Comments On Customs Dues At this meeting it is intended to lask the Property Owners Assocln~ fon to. send a representative to address the meeting, with a view explaining the reasons for the enormous increase in rentals, and to [state why rentals are being demanded in foreiga currencies, It is oped that arrangements may be made for a well known and respected Tocal citizen to preside at the meet ing, The question of dues to the asso~ dation was shelved for "discussion Jat the mass meeting of tenants, but funds are urgently required, Jvoluntary donations, however small, will be welcomed, and may sent $0 Mr. W. M. Macoustra, Garden Apartments, 1173, But [Well Road.
Tt was stated at the meeting that jo large frm of property owners, Who were demanding rentals in ]US, "dollars and sterling had, due to the tenants, voluntary" offered to thelt ied "increases by twenty per jeent, and charge in local currency, such' an arrangement to be subject to revision every three months, when rents. would be adjusted up or Jdown according to the operating Jexpenses then ruling for "further period of three months.
"The meeting closed with a hearty vote of thanks to Mr. Carroll Alcott {for his timely addresses onthe rental situation over radio station Shanghai, Aug. 16, Asked it he had any state~ ment to make in connection with a report which appeared the "Asahi Shimbun" that Japanese exports considered it impossible to accept Customs: dues in legal tender in view of enormous losses, a Japanese Embassy spokesman at the press conference yesterday said that the matter was under consideration, He added "Should the fapi become a scrap of paper something will happen."
Text read from the printed page and cleaned; old type leaves the occasional error.