48
L
All orders are subject to the conditions printed on our current Price List.
British American Tobacco Company Limitsa
ATIONAL
SCHEME
MEN
Westminster House.
7. Millbank.
London. S.W.1.
DISABLED
TELEPHONE NO VICTORIA 8160 (6 LINES)
TELEGRAPHIC ADDRESS VEHICULAR, LONDON ́
CODES USED, A.B.C.5TH & 6TH AND BENTLEY'S.
The Secretary of State for the Colonies,
Colonial office,
Downing Street,
S.W. 1.
January 28th, 1929.
Sir,
2 on
52923/28
On September 18th we addressed to you a letter in
regard to cigarette taxation in Hongkong. We understand that
the basis of that taxation is likely to be changed and we urged
the advantages of an ad valoren basis.
world markets we are convinced of the economic soundness of such
From our experience of
a basis especially in countries where the standard of living is
comparatively low. It gives wider scope and elasticity to the
manufacturer in meeting market requirements, and consequently
develops trade and revenue.
On September 27th Mr. Bailey and Mr. Rose, directors of British-American Tobacco Company (China) Ltd., called on
Mr. Southorn, the Acting Governor at Hongkong, and furnished him
with the facts and figures which encouraged them to believe that
copy Go Copsy
Ginse