'The Chairman,—And so far as the Ewo Cotton Spinning and Weaving Ca. is concerned it has received from the members of the Consulting Committee good work, and I do not think that the public' of Shanghai will consider the remuneration of Tls. 750 in any way excessive. As far as your attacks on the other directors of the various other Shanghai companies are concerned it doesn't devolve on me to defend them. think that is all I have to say.
Mr. Butler—I am sorry to say'I cannot agree with you. The directors of this Company have neither the technical nor practical knowledge necessary to run a fore there only remains the supervision of accounts and I cannot see that that is worth Tis, 750 a year.
Mr. McLood—Thoro is @ slight other also in your remarks, Mr.
on cortaitily made an inference which is not borne out. You' referred to mo as being a director of a groat admit it, There which I
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