To the Editor of the "Norra-Cuina Dairy News."
Sm,—Before accusing landlords in Shanghai of "profiteering" it would be well for "Civis" to find out how much it costs to build a house in these days and add to this the cost of land. Any one wha invests in house property 13 entitled to a fair return on_ his money and so long as the bank interest is 8 per cent. one cannot expect landlords to be satisfied with less.
I am, ete., Shanghai, Feb. 1.
Text read from the printed page and cleaned; old type leaves the occasional error.