Objection to Proposed Transace tion by Chinese Ratepayers The Chinese Ratepayers Associa tion has addressed a letter to the Municipal Council objecting to the sale of the electricity department to 2 private company on the ground that this department ig the pro erty of all citizens of the Inter national Settlement and, as itis not the private property of the Couneil-Jors, the Council tio no. right to letter follow "We have been astonished to note that during the past several days reports have been published by local Chinese and foreign. newspapers of the proposed sale of the electricity plant. by the Shanghai Municipal Council private company. It is practice at the present time for public enterprise which has the nature of a monopoly to be admiine by the district government.
Therefore, we hope that ouneil will' gradually ako over all such enterprises as. tha tramways, the telephones, and the them cone the same system ax the jolty enterprise, which was established under the joint operation of all the ratepayers: and Lits consumers for the purpose of providing cheap current: it will be sold as monopoly to private me wust say that such isa wrongiut heed to the in= residents. We, therefore, request you to note that the Electricity: Department is. the of the foreign and Chie dents, and not the private.
of the Council, nor of fe payers, and we hope you will abandon the idea of its proposed sale ax you have no righ fo sell it. We hereby notify you that we are strongly opposed. to its gale to a private company."
Text read from the printed page and cleaned; old type leaves the occasional error.