To the Editor of the "Nona Caixa Day News."
Srr,—Although your article of the 30th instant was much to the point concerning the sharebrokers' commission being rather high on large deals, it must not be forgotten that there is another side to the subject; for many years past the brokers as a class have not been overlaid, nor has it been considered one of the most Jucrative professions to follow.
The fact is. that betterment in their position set in when they recently organised themselves into an Association. Ido not see that the way of the speculator should be made easier than it is; in many cases it is gambling out and out, and the community las never been in a hurry to interfere on behalf of Lottery Promoters or Race Speculators, therefore why should the Brokers be checked in their prosperity, which they have waited long enough ior?
After all, the present apparent " boom may prove to be ephemeral, and even if it has "come to stay" like our garrisons, there will be no great harm done if the brokers make themselves a little richer than they have hitherto been credited to be, by the spurt now ruling.
Shanghai is rapidly coming to be a place that may be compared to some of the home cities, though until it is seen that a greater degree of permanence prevails in the current values of its stable commodities, particularly in success of its manufactories, mills, ete, (with all) the advantages. of pauper near at hand), it would premature to conclude that changes will not come over the " spirit of the hour" and things resume their normal status in certain periods as in times past. Therefore why not leave well alone?
Tam, ete., "Pro use."
Ist August,
Text read from the printed page and cleaned; old type leaves the occasional error.