The Archive · 1928

CHINA MERCHANTS

Demand for Investigation of Acts of Director-General The dispute between the shareholders of the China Merchants; Eu, and the Director-General appointed by the ment, Mr. Chao Some days axe, it will be recalled, sent to Nanking of shareholders visited the capital with a view the Director-General and trol of the company returned to its shareholders.

The result was that Mr. Chao tendered his resignation but this, was rejected and he was ordered by the Minister of Communications to remain in office. At the same time the Minister of Industry, Com merce and Labour informed the' shareholders that it was necessary that the Government should have control of the institution in order the shareholders' interests be protected.

Now a number of leading share-fuding Me. Tung Kang. former Minister of Justice ani Finance, have wired to Nanking. demanding the appointment committee to investigate the affairs the company. They say:

Text read from the printed page and cleaned; old type leaves the occasional error.

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