To the Editor of the "Norty-Cuina Darty News."
Sir,—If refusal to repay money to clients constitutes repudiation, I can console (?) your correspondent "Inveigled" "by informing him that the recent action re the bonds is not the first blow to confidence. The Bank of Territorial Development, in this Settlement, closed its doors nearly five years ago, and calmly ignores its obligations to this day. It is to be hoped certain Chinese will sce the suicidal folly of impairing credit by such actions, and will forthwith, by playing the fair game, help to restore confidence—which is now shaken—in Chinese undertakings.
I am, etc., A Depositor.
Shanghai, Feb. 25.
Text read from the printed page and cleaned; old type leaves the occasional error.