4
1
3:3
a certain standard and it is not every kind of calico
•
or cloth that they will print or dye. They send a repre-
sentative periodically to China to ascertain local demands
for patterns.
5. As regards Mr. Girardet's statement that Messrs
Melchers had been doing business in goods supplied by the
Calice Printers Association on a basis of one per cent
profit only, I have to point out that Mr. Sayer's invest-
igations seem to show that a much higher profit was
obtained on imports.
6.
I enclose also a report by Mr. Sayer on the books
of Messrs Arnhold, Karberg and Company which is not
without interest. I would draw your Excellency's atten-
tion to the last paragraph of this report.
I have, etc.,
(signed)
F. H. MAY.
Governor, etc.