36

As regards native imports the following figures, taken for the same period as above, may be of interest:-

Bean Cake

3900

1901.

1902.

Picúls

3,901

3,083

14,477

Beans (white and yellow)

12,042

22,411

31,605

*

Chinaware (coarse)

3,027

5,463

6,115

"

Paper (Joss)

30,940

72,269

34,417

"

Other Paper

12,472

25,609

8,459

Articles of minor importance are: gunny bags, hemp bags, bamboo, bamboo canes, barley, brooms, raw cotton, garlic, jute, mats of all kinds, matting, timber, planks.

The amount of import duties, collected within the first nine months of 1902 as compared with the corresponding period of previous years, shows the following improvement :—

1900.

1901

1902.

37

Trade in General.-There is not the slightest doubt that the railway which goes as far as Tschanglo-Hsien (about 60 li beyond Weihsien), and which is expected to reach Tsinanfu, the capital of Shantung, in about a year's time, will very soon bring the bulk of the trade, which has hitherto passed over Chefoo to Tsingtau. Another vital point, which tells greatly in favour of Tsingtau is that steps have been taken by the Government, not only to let Tsingtau remain a free port for ever, but to induce the Imperial Maritime Customs to remove all duty barriers at the frontier of German territory, in exchange for which the Customs would be paid a yearly lump sum.

If this scheme is carried into effect*--the Customs themselves favour the pro- position it stands to reason that this means would not only help trade materially, but would give the Colony an enormous advantage over the neighbouring treaty ports.

Taking all the aforesaid into consideration, Tsingtau stands the best of chances for a rapid commercial development, the more so as the works at the new harbour will soon be sufficiently advanced to have ships discharge their cargo at the piers.

Taxes. The only taxes levied at Tsingtau are for ground rent, which amount

to 6 per cent. of the value of the ground property, the value for each property is fixed by the Government; the last valuation took place in 1901, and the next will probably be held in 1906.

• The scheme has, I believe, been abandoned.-J. H. S. L.

Foreign Imports

Native Imports...

H. TIs.

10,546

10,245

28,690

20,717

85,460

15,299

which proves that, small as the import trade is as yet, it has nevertheless vastly increased within the last year, the bulk of the increase being taken up by English and American piecegoods and Japanese cotton yarn. If we take into account the continual drop of the silver market during the latter part of the preceding year, which has hampered business a good deal, there is every hope for a still more rapid increase of trade in the near future.

Export.-By far the most important export article is strawbraid, most of the other articles which are named below being handled by natives only.

Hereunder I give you the following figures of the export trade during the first nine months in 1900, 1901 and 1902:—

Strawbraids

+++

Ground nuts

Bean Oil...

Ground Nut Oil

Melon Seeds

Walnute...

Wheat

Various Skins

1900.

1901,

1902,

Picula.

547

2,696

8,762

8,728

21,294

16,293

"

11,167

28,233

18,569

51,721

94,471

51,907

9,320

22,417

11,026

*

10,285

11,202

7,240

"

1,122

551

10,457

Pieces

6,659

10,182

20,470

Articles of minor importance are: cabbages, ground nut cakes, cow hides, and dried fruits, salted pigs, vermicelli, animal tallow.

Banks. There is at present only one foreign bank established at Tsingtau, viz., the Deutsch-Asiatische Bank. There are as yet no Chinese banks to speak of.

Within the last year an important trade has been done direct with Japan, the financing of which would probably fall to any bank established with an agency of its own in that country, which the Deutsch-Asiatische Bank has not got.

15378

PUBLIC RECORD OFFICE

Reference :-

C.O. 882

6PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO

J

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