To the Editor of the Nonru-Cuina Datty: News"
Sin—Perhaps you will be good enough to publish the following letter, which is self-explanatory, in the correspondence column of paper. There is nothing that will do away with rumours more effectively than clear statements and the Directors of the American Oriental Bank will no doubt be glad to have an opportunity to remove any doubts, which some people may hat with regard to the Bank's financial position by answering a few questions which are being asked. No doubt, the assurance given, that all notes' presented will be cashed, is of some importance but the most important point seems to me, that depositors want to know that the money they save is, safe.
The run on the American-Oriental Bank has been and still is one of the topies of conversation these days. This is quite natural around Chinese New Year and the repeated failures of Banks at such 'a ime make people nervous, especially as there is no State supezvision of banks, who issue notes, in Shanghai, I found myself in possession of some of the A. 0, Bank's notes last Saturday, which the exchange shops refused. As there seem to be quite a few of these notes in circulation, this seems to me a matter of considerable public interest.
The best answer to rumours of saurse is the publication of the statement showing the Bank's standing. Unfortunately this statement is not in accordance with similar statements, published by _other banks," when "they publish an ex-
Text read from the printed page and cleaned; old type leaves the occasional error.