The Archive · 1939

Japanese Monopoly In Hankow

Waterworks, Electric Ca — Taken Over; Rates Charged In Yen Currency

Hankow, Jan. 31.

The agreement signed on January 28 between ihe "Central China Waterworks and Electric Ca... Hankow. Branch" and Mr. W. S. Dupree, Director of the Special Administrative District No. 3. which was formerly the British Concession, forms the first cfcial Japanese recognition of the Chen-O'Malley Agreement, and proves that the Chinese Electric and Waterworks Ca. has been annexed by the Japanese electric monopoly.

While the Sino-British municipality was not forced to sign the agreement, it is understood that they were presented witn the alternative of direct Japanese collection from the water consumers in their district, which would have rendered the Chen-O'Malley Agreement null and void.

The document does not permit the retailing of water under the company's tariff, and stipulates that the quantities consumed by the Japanese military and civilians shall be deducted from the total amount supplied to the district. The agreement is for six months, and may be rescinded with one month's notice on either side.

Text read from the printed page and cleaned; old type leaves the occasional error.

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