Woe are informed by the Chinese Motor-Bus Company that their scheme to open up a motor-bus service in Shanghai has come to nought and the proposed service has been abandoned, at least for the time being. From correspondence which will in due course be published in the—"'Municipal Gazette" it will be seen that the company and the Council have failed to come to an agreement ov the questions of terms for the concession.
The ease for the company is that it is doubtful whether any motorbus company would be willing to start a service under the conditions required by the Municipal Council, which has demanded far too severe a sum for the Chinese Company to meet. The Council, (they say) has asked the company to pay nearly half a million dollars for the construction of roads, bridges, and the maintenanco'of same, plus several tael cents to every mile run.
Text read from the printed page and cleaned; old type leaves the occasional error.