The Archive · 1929

China Merchants 8

To the Editor of the "Nowrn-Cuusa Datty News.

Sit—With reference to the Kuo Min News Agency telegram which appeared in your issue of yesterday.

Tt is noted therefrom that Commission of Inquiry which w Jointly appointed some time ago by the Ministry of Communications and Ministry of Industry, Commerce Labour, to investigate the manage ment of the above Company, emboilies in its report to the Ex: ecutive Yuan, a statement which, 1 brief, alleges that "the Company's management is corrupt, incompetcent, and has misappropriated funds belonging to the Company."

Now, had that allegation come from foreign sources, one can imagine the tirade of righteous pri test that would have appeared in certain of the local Chinese Prose, Dut, with the authoritative origin of Kuo Min, it must naturally be, and is accepted as a recording of In view of this alleged state of correption and malpractices the managenient of the Compat has been found guilty of by its own nationals, let us see how the treated a few luck less foreign ex-ranks of its flonting staff who would appear to have some slight claim on the considera tion of the Company in view of different periods of faithful service riging from 23 to 30 ckless quota mum prises three ¢a tains, fi engineers an two second engineers. The engineers retired on completion of their respective qualifying pension terms, the enptains were invalided for health and age reasons. Att of those officers are due pensions or invaliding allowances, and the position at present is that no pay ment of pensions has been made

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

Your account