Hunt, Capt. M.C, Russell, and cul. ROB, Farqubs Embargo on Goods For Shanghai Shanghai, Feb. 5.
Whether or not Shanghai is a\port totally under the Japanese control a matter of serious dispute between Chinese authorities and merchants Chekiang and Kiangsu as the latter's goods are being forbidden to be transported to this city which is, oMeially considered to be Japanese controlled area. An embargo has een declared on many native goods destined for Shanghai 'A recent order jointly issued the Ministries of Economics and Finance forbade §1 main native pro-duets to be sent to any Japanese controlled areas lest they should be utilized by the enemy for military purposes. The list includes wood all, cotton and paper which are abundantly produced in Chekiang and Kiangsu, The Ministries are now carefully studying the situation with a view to determining the places. which are definitely to be considered under Japanese influence to which no pro-duels that can be used for mili Durposes can be sent. Before an official announcement of these places Is made public the various Customs offices have declared an embargo on ods destined for Shanghat {$10,000,000 Worth of Cotton The question is serious because it affects the livelihood of thousands of merchants In the interior who depend on sending goods to Shanghai The first such serious problem the $10,000,000 worth of cotton awol ing transportation to Shanghai. The cotton is now in Chekiang and the Customs authorities there would nol allow it (0 be shipped to Shanghai.
On behalf of the Chekiang cotton merchants, Mr. Vu Ya-ching, doyen of Ningpo merchants in Shanghai has telegraphically requested the Minis {ries to allow the cotton to be sent Here on the ground that it has been bought and will be used by cotton mills located in the Settlement where the Japanese can not exercise latence, The cotton wil not be used. for military purposes, Mr. Vu asserted in his telegram, No reply Government Buys Tea, Woo!
As a relief measure for merchants in the interior the Ministries are reported to be planning to buy the goods which are forbidden to be sent to Shanghai. 11 is pointed out that the Central Trust Bureau hi bought the wood oil In Chekiany and tea produced in Chekiang will be purchased by the Foreign Trade Bureau.
How the new order will affect shanghai inthe long run is im= possible to forecast at present. Tt has caused quite a stir amon local cot ton. merchants and mill "owners, Informed quarters believe that other merchants may also be affected and prices of goods "mentioned in the embargo lst will Increase.
Text read from the printed page and cleaned; old type leaves the occasional error.