Inner Picture of Chaotic Condit ions which Led to the Dispute:
Remarkable Story of the Methods of Management After 1 strike, the duration which was for about 30 days, near 1,000 employees of the various parts Sun Sun Ca.' esta ing Road returned to. their respective places, well satisfied with arrived at, on February : mployees "borrowed" the com pany's money and refused to return it when asked to [Goouls were being sold to employees' friends at east price and the company did not make a single cent profit. Employees attended their work and Jeff whenever they con-negotiations between ement and" the cow mittees represents the employees were held almost Jnily but, owing to the obduracy of both parties, of a concrete nature wis about unfit within 24 hours fof the actual resumption of work.
In spite of the attitude of the parties, nothing of an untoward ature occurred while the employees absented themselves from their dusios.
There is evidence to the effect that rents have existed ye not licen mae publi is necessary te so back to the inception of the company in 1923, AL that time, Mr S. K, Lau, the general mancyger, had given up his position ay tnanaicer of the Sincere Ca. sand, upon leaving, immediately decided to organize the Sun Sun Ca. This was done and the capital was at $1,500,000, The main portion of this money came from Cantonese ul, among the Canton Aid, there were two factions, Joan and Sze-yap cliques, etch anxious to secure control. The company, nevertheless, commenced operations although there are alleg-tart have been squabbles, the com= carried on stenchly to all cute For " couple of alividend of seven per cent.
juted to shareholders but, during the past two years, share:
alders have received no return on heir investment, Shares dropped to as low ax 40 por cent. and, at the present time, they axe down to about 0 per cent. Some share-Holders attributed this to the fact that the company had registered under Chinese laws and, unlike the Sincere and Wing On Ca, not with the Hongkong Government. An ins vestigation was. therefore; necexsary and shareholders accordingly appointed Mr. George Fung to the Vosition of managing director, him special powers to deal with the situation as he thought est, [sidered fit. They absented themselves and let the business of the company go to the dogs. No explanation was asked for, no planation was given and no deduetion was made in their pay, it is said. Goods were taken away and not paid for, Losses were discover-
Jed in all departments. Things went from bad to worse.
The management seemed utterly Jat loss to know Fow to deal with their staff. How could they be expected to deal with them, when there was dissension even ' among. the managers, it was asked? One was sat to be supported by the Sze-yap clique and the other by the Heangshan, Mr. Fung, therefore, made drastic changes and the employees, who: wanted absolute freedom of ction, rebelled. As stated, several were dismissed, others transferred to other dopariments, A ery was Issued for the discharge of Mr. Fung, whose law, Mr. Li Yuk-tong, of Bank of Canton, promised to 21s wet ich money as the company. wanted, even to the tune of 35,000,000, if the whole staff were changed and a completely new one installed. One of Mfr. Li's conditions, was that the managers should per: sonally visit the various depart. ments. at different times of the and wee to it that the staff were there an? workin agers of the Thi
Text read from the printed page and cleaned; old type leaves the occasional error.