In his programme for the estal-lishment of a National Bank, Dr. Sun Yat-sen proposes to mortgage: public property in Shanghai te provide capital for the Bank During @ recent meeting of the Town Council in the city, it was unanimously agreed that "Inasmuch as public property he longs to the Shanghai Public, it can not be disposed of by the decision: of a few persons, nor is it within the power of the former President to do so. It is hereby resolved that the question be discussed in con junction with the District Lesiss ture with a view to opposing thr said proposal."
Text read from the printed page and cleaned; old type leaves the occasional error.