Apropos of a little difficulty created by the presence of foreign directors on the Board of the Hongkong and Whampoa Dock Company, La. owing to the practice of each director taking the chair in rotation, and the British Admiral having expressed himself adverse to dealing with a foreigner as Chairman, the Daily Press has suggested 'a way out of the impasse by consti the chief manager the permanent managing director and chairman. I cannot see that this would work out satisfactorily, first because the chief manager is the paid servant of the Company, and this would he setting him to boss his masters; and secondly, because when he wanted to go away on Teave there would be no one to succeed him, for although the assistant manager is a very capable man—possibly just as capable 'a man as Mr. Gillies—he has not had the same experience in the same responsible post. And suppose that either of these clever and experienced m-n were to make series of mistakes (even Homer nods) who would like to keel-haul the Chairman? No, no; it sounds well, but I fear wouldn't work.
Text read from the printed page and cleaned; old type leaves the occasional error.