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On the 11th instant I forwarded to you
copy of a letter from Masara. Showan Tomes & Co., Moneral Managers of the Green Island Cement Co.,to the effect that although their contracters have obtained perzita for the export of limestone the local Fagistrates are demanding a tax on the stone amounting to 10 cents per ton; and with reference to your letter to me of the 13th instant I have now raccived from the fignoral Yanagers copy of a letter, of which transcript is enclosed, to their Agents at Canton in which it is elloged that no definite information can be obtained from the Chinese Authorities as to what tax is imposed on the export of limestone.
7.
I have today been assured by Mr. C.A.Tomes of Messre. The van Tomes & Co., that a contractor who has an outstanding contract at $2.30 per ton for limestone delivered in Hongkong has informed him that he can now fulfil the contract if the Company will consent to pay a tax of 10 cents per ton in addition.
息。
The "eneral Managers and Board of nirectors
are not unreasonably averse to committing thơmselves to the acceptance of the principle, condamned by X.B.X's Winister, that the local Authorition can without infringing Troaty rights impose such a tax, for the recognition of such right is likely to lead in the future to increased imposts. But in order to facilitate the resumption of expert I have, advised Pr. "omas to endeavour to come to an agr the contractor for an inclusive price, ignoring
tion of local taxation and leaving that matter
with by E.B.K's Finister.
•
I trust that some such arri
rosult in the renewal of the trade in lim
venture to hope that on a review of the
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