tyles
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smuggling by the crew of the lighter.
Article 8.
At the present time goods exported
from China have to pay a 5% ad valorem export duty, and if
carried direct from one Chinese port to another Chinese port
they have to pay 5% ad valorem at the port of departure and
another 21% ad valorem at the port of entry, 1.8. 74% ad valorem
in all. If, however, such goods are not re-imported direct to
a Chinese port, but are landed in this colony, they have to pay
the full 5% ad valoram import duty as well as the 5% ad valorem
export duty already paid at the port of departure, 1.e. 10%
ad valorem in all. This article provides that such goods, if placed in bonded warehouses while in transit through Hongkong, need only pay 241 per valorem import duty, i... e full duty of
7 instead of 10% ad valorem: it will also permit importers of
goods via Hongkong from one Chinese port to another Chinese
port to ship their goods by any steamer they please and trans-
-ship at Hongkong or forward their goods from Hongkong to China
by rail without thereby incurring the additional charge of 21
which has hitherto been levied unless the goods passed through
the Colony without transshipment.
2nd. May, 1910.
(Sd.) C. Clamenti.