The chairman's speech at the annual meeting of the Shanghai Land Investment Ca. will be of interest to many readers besides shareholders. The explanation of the Company's policy in respect of the rents it charges may not altogether appeal to the latter class, who do not like to see their shares standing considerably below par (which of course, is largely a matter of exchange) and would like a larger return on their money. But the general public will hail the Direetors' attitude with joy, and the reputation that the Company thus established for fair dealing by tenants,
Text read from the printed page and cleaned; old type leaves the occasional error.