Argument for Banking Support of Trade and Government Nanking, July 1.
"Our merchants should not only ce-operate with the Gove the Party in the nation's reconstruction, but should. correct wrong notions and realize. that the! country and the people are one," declared Mr. Tai Chi-tao, President of the Examination Yuan, at the weekly memorial service at Central Party Headquarters yesterday. Our merchants should repose their trust in and render full support to. thei National Government which admin-tsters the national affairs, so that strong Government may be built. up to afford adequate protection to com: merce and industry. depression of trade in the country was for the prevailing monetary crisis," he said, "In other tries, the banks constituted the chief basis for the development of industry, but China had not reached such a stage; the industry here being the father of the banking! business, Hence, should there be no] outlet for the products of the country's agricultural, industrial a comniercial enterprises, where will the banking business be?" Banking! circles were, therefore, urged assist in the development of the various kinds of industries on the tone hand, and, on the ether, support tthe nation's programme of economic independence.
Text read from the printed page and cleaned; old type leaves the occasional error.