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*RTA I8701.00
1888 14th Mout
I
Statement of Green Island Cement Company 16 MAR on Pro- -vincial Government of Kwangtung in connection with
stoppage of Limestone supplies by order of
that Government.
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Note:-
For 24 years past, since the formation of the Creen Island Cement Company, Limestone has been obtained from Kvangtung: Province the system being to contract with Chinese for delivery ex junka at the Company's Hok Un (Kowloon) or Lacao Works on the 26th. April, 1912, the Kwangtung Government (suddenly and without warning) issued a pro- -clamation of which the following is an extract:-
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"The natural products of China should belong to China. The "export of such products being a serious below to her rights and "privileges, the Government have every right to prohibit the export of *blue limestone".
"If the export from Kwangtung be entirely prohibited, foreign "merchants must go elsewhere and obtain their supplies from foreig "countries, which will entail heavy cost of carriage. The quality "moreover of foreign stone is not to be compared with our Kwangtung "stone, hence the cement manufactured therefrom will not compare with "our Company's article and we will find an infinitely greater market "for our goods. The prosperity of the Company accordingly depends *entirely on whether or not blue limestone can be exported".
The effect of this proclamation was not only to prevent the Company's contractors from fulfilling their existing contracts, but also made it impossible for the Company to enter into fresh contracts. The Company's supplies therefore came to a sudden stop, and as it has been impossible to obtain suitable limestone from other sources
except at unreasonable cost the Company make the following claim on the Kwangtung Provincial Government:-
Limestone undelivered by Contarctors owing to stoppage of
export by the Canton Government amounted to 152,750 tons which would
have produced 114,563 tons Cement or o87,370 casks.
From actual stoppage at end of July, 1912,
to
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