Strong Remarks by Commission of Inquiry Nanking, Aug. 28.
Ju its report to the Executive Yuan, the Commission of Inquiry, which was jointly appointed some time ago by the Ministry of Communications and Ministry of In-Jdustxy, Commerce and Labour to investigate the management of the [China Merchants Steam Navigation (Ca., im addition to taking the present managing-director of the Com-Jpany, Mr. Chao Tin-chiao, to task for incompetency and failure to introduce reform measures which resulted in a number of shipping tragedies during the past few months, states that unless a complete reorganization of the Company is immediately effected, no im-Proyement in its management' can be expected, According to the Commission of Inquiry, the move serious defects in the present management of the the predominance of cor-
Company, which constitute a fundamental obstacle to reform and continuous drain on the resources of the Company; (2) an incompetent stof; (3) the absence of a definite policy of development of the Com any, which robs the Lew energetic and conscientious members of the Company of incentive; and 44) misappropriation of funds, In conclusion, the Commission recommends a fundamental Yeor= ganization of the Company and the necessary changes of staff members.—Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.