New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-11
TRADE NOTES FROM CHINA
Boycott Nay End in Borer No0e-
naent-Umest Gro5cS.

rr-,- -, Occasional Correspondent Of The Trbune1
Fankow China, Nov. 15.-The American OosCVt'
which far merchandise distinctly A'ilelte',l'
is concerned, had 20 large extent oed OUT IN
Central and Northern China. is now appearing 10
be renewing itself. but this time rather in the lot"
of an anti-foreign movement. which threatens 70
do much injury not only 10 American 2dl alSo -
German British ard even perhaps japanese, inter
ests and Thus those who secretly encouraged their
coropradores to boycott American goods VIII no"
feel the result themselves. The whole OF emma Is
in a state of unrest and another Boxer movement
would not be a surprise TO those who Keep IN close
touch with the people.
Tho officials II, China are the most plausible pre-
varicators that could possibly be imagined ana tue
official representatives Of the foreign goVeIiie,
receiving most of their information from the m
nese officials are deceived as to the sltuauoh. IL
fact it is a question as to whether the Chilie9e
officials are not in turn. deceived by those VINO are
under them and do their work
Business has been very much unsettled arnons
the natives owing the great disturbances III 'iI
currency system. The Chinese make their retain
,,,,rcbases On the basis Of cash. Until recently
the common people used the one cash piece Whlch
were made up into strings Of one thousaiu ea0"'
and while they fuctuated to some extent IN Nal"e'
there was sufficient metal in them to create solie
consistency in value The officials however Some
time ago started the coinage of ten-cas2 pieces
and there was undoubtedly a demand for them
throughout the country. The amount OF copper put
in ten-cash piece was worth, as ouIiloh' plop"oS
four cash, and the profit in making ana lSSulls
them was very great. About year ago the eA-
change was about rs ten-cash pieces TO the Mexican
silver dollar but the copper pieces are being mace
in every province in immense quantities. anu 'he
value OF these coins has gradually decreased until
it now takes 10 ten-ash pieces to make the SILVER
Mexican dollar.
The Chinese wholesale dealer buys from the foreign
merchant on gold basis. and the wholesaler sens
70 the Chinese jobber silver basis paSIsii'
being in taels or Mexican dollars ana then llie
tobher and small. merchant sells to the consumer
on q conner cash basis. With the value OF these
cash as represented in silver, depreclateo ~
per cent It makes it necessary for the dealeF 70
charge the consumer 50 per cent more in the locai
currency in order to prevent loss to hiInse4l, aH1
IL is always difficult to raise prices without Ialse
amount Of trouble If the ignorant Chinese con
sumner makes any inquiry to the cause OF the
increase in price such troubles always cnasee
Nv the Chinese officials, and those OF the rT,e If
who are anti-foreign to the forelgneLs' zasira 70
,nni-es If much more easy when they deSlle ~
40 60 10 impose A boycott or create rlol. .-,d
EeDorts from North China are discourse tLS, 81
those coming here from TEN sin state tndt foI3
e eTnected there at any time. Just wnaI lor
viii assume or from what direction II VIII s
i mt qeneralv agreed upon, but there Ger fanny "
a stro6g feeling that there is trouble aheau'