The Archive · 1929

Basis for Continuance

At the present time, asa conszquence of the rupture of diplomatic relations between the U.S.S.R. and China, closing up of the Soviet trade organizations in China and liquida tion of their a disruption of communications with the U.S.S.R and, finally, in connection with the general business depression prevail. ing on the market in the CER. area, the Bank finds itself deprived of the economic basis for the con tinuation of its financing work ar of credit. This is the ity of bringing up the question Viquidation of the Bank. The secon: but not the secondary, consideratis is the legal aspect of the in which the Bank is forced to con. duet its business. The Dalbank w. which started of Chinese law, and when recently the foreign banks in China were called to register as credit institutions conducting business in China, the Dalbant: registered first its' articles of incorporation with the Ministry of Finance of the National Government.

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

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