It_may be that, of one of Mi many all over China have suffered as a result of the closing down of the great firm of Tan' Kah who a few months (so far as the ordinary man in the street was concerned) was a prosperous business concern. As it was actually rumoured that Nanking was going to lend a liliand and start going again the frm of Tan Kahekee, it may" be as" well to see what that gentleman himself had to say when interviewed recently.
"There is no. truth in the reports that the Government of Nanking is going to or has assisted me attempt to re-open the rubber factor-, ies in Singapore," Mr. Tah Kah-kee is reported to have said, He went on to relate what were some of the causes that had led to his downfall, and they seem to be of sufficient interest to be worth passing on. As the rupted may be partially attributed to the question of the cash that Mr. Tan Kah-kee himself supplied 10 Amoy University, it is of interest to that the Chinese Government are nearly half a million dollars in arrears in payment of the moneys they promised for this object, and that it Nanking really took any interest in his affairs surely they would have aid off this sum?
Describing the report that Japanese competition had been the main cause of his failure as nonsense, Mr. Tan Kah-kee said that the chief reason for his failure was the mistake in giving the sales agency rights of rubber goods to a British agent. Two months before the selling rights were given the rubber factories could not manufacture' enough to meet the increas ing orders from London and other parts of Great Britain, although the factories were working day and night
Text read from the printed page and cleaned; old type leaves the occasional error.