To this statement Mr. Chao has ent in a long petition to the Central Government, setting forth the reforms he has introduced and the office, 7 profit reaped during his tenure of
My, Chao's first and most substantial argument is that during the last 10 months from March to December 1928, the Company made Tls. 1,600,000.
On the point of employment he admits that the number has, been greatly increased, but in order to keep the management well maintain €d he feels obliged to retain the old hands till such times as the new hands are well acquainted with their work, Touching on the salary question in the old days, he argues that it was true that the amount was only somewhere around Tis, 6,000, but the Company had to pay Tis. in bonuses at the end of the 'When these two items are added and gonvertéd into dollars the total would be nearly $30,000; whereas, the preterit amount paid for salary 4s only $28,800 and yet the number the has been increased eral times. Although the' total salaries paid have been increased, the income has, advanced to nearly {$519,000 per month: the former is only 5 per cent. of the latter.
Text read from the printed page and cleaned; old type leaves the occasional error.