With regard to the future, our additional 300 looms are gradually coming into work and we hope to have the extra 5,000 spindles in operation during the year.
With a peaceful China, free from political intrigues and with an efficiently controlled soldiery, the merchants of the interior would be able to devote themselves to trade without fear of the risk and exact tions which now prevail, thereby insuring the future prosperity of the country, which should reflect beneficially on our local industries.
There were no questions and the formal resolution were adopted.
Text read from the printed page and cleaned; old type leaves the occasional error.