The Archive · 1940

Truth Questioned

Reports about the meeting appeared in all leading Chinese dailies here yesterday. While no comments were made by the Chinese press about this strange rice situation informed Chinese quarters were beginning to question the truth of the whole affair. They were asking: "How it is that merchants are willing to sell their rice below its cost price?" "What is the definition of the cost price?" "What is the cost price of the rice bought several months ago stored in godowns and now being sold in the market here?" "Are the merchants who have ample ready stocks at their disposal making only a five per cent., profit as fixed by the committee?"

"Meanwhile. there is still a chance for the poor to obtain their quota of cheap broken Saigon rice. Distribution of about 30,000 bags of this rice will be started tomorrow by 60 shops in both foreign areas here. The Shanghai Rice Distribution Committee recently announced that these 30,000 bags of broken Saigon rice were the only bags they could distribute and that further distributions would depend on contributions from the public. Each person is allowed to buy only $1 worth of the grain.

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

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