Shanghai, Febroary 6, 1915.
81n,—I am directed to acknowledge the receipt of your letter of January 27 the subject of the Céuncll's lease of the interior of the Race Course, usually known as the Public Recreation Ground.
In reply thereto I am to say that the Council realises the force of the Trustees' views as regards the income of the Shanghai Recreation Fund, and consents to pay the increase suggested in the rent of the Ground provided the period of the lease renewal be made the same as that for the term now expired, viz., ten years, instead of five as mentioned in your letter.
Iam, Sir, Your obedient servant, W. E. Levesox, Secretary.
Secretary, Recreation Fund Trustees,
Text read from the printed page and cleaned; old type leaves the occasional error.