CO129-423 - Governor Sir May - 1915 [7-8] — Page 22

19

81

esetq no s#kong ten add to te bortover frundraqob aboog sosią

BSW Trend Taqab aɗt 12 taartano to erot ineinovnoɑnt as ‚æboog

to arobargmos seenist et „auof a ta mmm pistasədlich ed of

owd act neemteď nožžvennés en saw oʻsadit tarkt om hvortotni maɗat

to drow act has tonitulb pieritus exow anyoď að aðra TAQUE

abany would at any tới aidailua Jed are hien nhan isla

weld #melý Heaturebam I .emme arft þles Tolot” tokrat al dwin

Tot bebiverę šala zer nhory oveżą vieết not feazines IneRTOSAN MIG

I bas I said” sit .ažitơng tan mo šeď zavonui asory no sen

.ile da unamtand whoog essig on avai plinskinery .00 to ad Cam solonesa ayh of guitafet adoat antwolfot sat

lawtonda ne tadt noktaongan edit #adworos yalytikom na fueretai -sanoo at bra ered afrowa Insof of stay are moinairuos to star baalbiaďua tieptał stow pokrotnet och add tarit nabl off? Someup ogibat no molestamos ramizam a hovlecer ‚eð á neaɗat .♥sarnet ik BiNT .btol to será falboomi bra aniling to atrás Toďto Lla hea II .be esot am soing botsingite orið ti klaq xine sae maÎI.ME -rogong saw nokaulamos a atri Toanei a ta klos srow uboog n♫t

TIIBUJOS Kolasizmos edi sesso amor ni,besuber vistanait

„Kormoqze Yaq et bad mudel, adrid to tườ „Hi vine uur bovisos

疊

motaal w:00 arɔbergeos,Tiste to Tisina (asustusni „Joes (mrobog

wwfer to notdrogenq ffarn a

·

Betabrum,(notauiamos mro vladt to toe quor ml) motesimmos

east tarts woɗa alaay avit tať odð 10% estagit KẾT

.god -danos mi taft bra tavonted add to “g tuoda of eman zeenGQXO tr99 BTA BIẾT .* • *ja tuoda naw titong dan add someup miutat a noktikbs at klaq (xkıɗat abon bas niitna odonikaf) of ameadet yď smieď noltmoqeną £larm sit tione notasizmno eeft bìnq sala vont ‚“% of “¿ te mbese a mont andytav stofanb nutrisol bag wasntahd edź geiriaug nå etnega riadd to nonne QED ...ode juniɛh to boritem orð

78 to gožan¿msoo Inerten a bevfoder telaËT Tobisë But Ja drama ono to daso adt at bing pino saw notesimmon musta♬

company or the factory. Expenses however would be borne by the

local company and the net commission would not be more than 4%.

The China I and E Co. appear to have received what is called a

compensating rate of 12% maximus actually receiving less if the

stipulated price was not reached. In some cases 71% was received

only. This seems to have been intended to co ver all expenses

including return commission. The local branch were however not

dealing direct with the factory but through their Head Office

in Germany. It is therefore not possible to say what was the

total commission allowed by the dye factory,

Returning to Jebsen's agency it will be seen that the

factory paid a maximum commission and return commission of 15%

and in addition certain expenses of pushing the trade. This may

or may not suggest a goverment subsidy paid to the factory.

There would clearly not be any direct subsidy paid to Jebsen

which, if any, would appear only in the unusually large rate of

commission received by them from the factory. I can-

not say whether an average of 7% is to be considered abnormal.

gd.

G. R. Sayer

16th June, 1915.

E to star