The Archive · 1912

The Shanghai Arsenal

The depletion of funds for continuance of work at the above Ars: nal has caused the adoption of ccvnumical reforms, the change or the resignation of its Director, and the borrowing of a temporary loan, which have been duly reported. Now, it appears that the wags for the workmen are again two weeks in arrears, while for the officials and foremen, two months' salary is still unpaid. Mr. Li, the Director who has resigned, in Japan, but he has heft word with his subordinates that should money be unobtainable, then as a last resort, a quantity of waste copper and other materials, accumulated in the Arsonal from many years' working, may be sold and the prooseds from their sale may prop up the establishment for a while, An order was issued by the Arsenal authorizing the sale, including some 200 piculs of waste copper, and the price realized is said to be over $35,000, with which the wages due to work: men will be paid to-day, (Wednes-lay.)

Text read from the printed page and cleaned; old type leaves the occasional error.

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