THE CHINA WAR AND THE TEA MARKET.
The Overland Times of Ceylon says:— " If the whole of China is about to rise against the European, as seems more than likely, it ought td make a great deal of difference to the China tea trade. Indeed, if the trouble extends to the Hankow district, it would, we should think, almost put a sfc'p to the export of tea thence. This would, indeed, be a diver.-ion in favour of Ceylon, of which it stacds sorely in need." In an editorial on the cultivation of tea in Ceylon, the same pnper writes; -" Es timates this year, framed on. as liberal! a scale as possible, seems likely to jrei exceeded, and there will, owing to tna use of manure and other causes, b I another leap up in our exports nexl year without any prospect of a oorrjg sponding growth in consumption. JMI it any wonder, therefore, that jH Rutherford counsels us to go making of green teas in order if sß* sible to keep down the ever-increasw| quantities, we are sending to the L«f don market? That all est' nsionshje ceasfdis true enough, but it will tl|) some years yet before the effect if tfltt abstention is discernible. Until what are we to do ? We confess the outlook is not brilliant, Prices are down to starvation level already, and threaten to fall still lower/ New markets have been.worked for all they are worth, and no stone is being' left unturned to assist to popularise our toas in new countries."
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Bibliographic details
Taranaki Daily News, Volume XXXXII, Issue 192, 23 August 1900, Page 4
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256THE CHINA WAR AND THE TEA MARKET. Taranaki Daily News, Volume XXXXII, Issue 192, 23 August 1900, Page 4
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