'A profit shaving scheme of tha capable of a good deal of variation and elaboration in detail, and any criticisms. or suggestiong the Council may wish to. make will most sympathetically be considered. Zn principle, however, the scheme submitted for its acceptance as by. far the best method of securing Company Control without disturbing existing policy, on terms which, 90 far as may be, ensure efficient and economical conduct of the unde taking and a ready supply of frost capital as required; with " muck [smaller added burden on the business than any alternative method involves. "And finally the Council obtains not only a continuing reward for its fine achievement in the past, but also a large and. perhaps even' major share in profits to be built wp on that foundation with the Company's capital, These proposals are put forward on the understanding' that be= tween now and the. completion of negotiations no. public events take place that materially injure tha credit of Shanghai, take the opportunity of record ing my debt, and conveying my, thanks, #0 Major Ford, Mr. Aldridge
Text read from the printed page and cleaned; old type leaves the occasional error.