The Archive · 1936

An Unfortunate Mistake

Mr. Newman explained that this receipt was received trough an une fortunate mistake, 'The. contract which was involved in the handing of this money was not carried Out, 'The receipt was obtained on the understanding that, on relinquishing the $11,000, certain' benefits would be given to Mtr, Tsung. The company had not been able to confer those Me. Newman tater said that this obviously was only a matier for the Court, This statement brought further objections from Mr. Moyer, who was Feminded by Mr, Newman that the meeting was not a cinematograph exhibition, Mr, Newman said that he had writ. ten (o Me. Turner, informing him that this $11,000 had not been ald, and it was up to him, therefore, to make Inquiries in the matter. No'vetlection was, however, thrown upon Mr. Turner. "They wanted to have time to consider the accounts of money coming into the company before the purchase "was made. by Mr. Myer Mr. Myer had purchased the company for $30,000, but he had ° not ald $30,000 for it, 'Me, 'Turner said that, If this prox posal' were adopted, and the matter taken to Court, It would be to the detriment of the creditors.

Me, Newman's Protest Mr, Newman said he was entirely dlisinierested, but lo could not seo his sort of thing gout on ina Bue ish company without taking & proc Mr. Turner pointed out that h also was entirely disinterested, Mr. Newman said it would be necessary to obtain. a Court decision fon the matter. The position held by Mr, Turner was a very dificult one, as it entailed carrying out the duties both of Oficial Receiver and liquides for, 'There were found to be eritiisms made by one side or the other. He proposed an adjournment of the meeting for four of five days, for the accounts of the liquidator to' be on: sidered. This being approved meeting, It was decided to adjourn until next Wednesday afternoon, Throughout the meeting, violent objections were being shouted by Mr. Myer, were referred to the question of one creditor as "a lot of spite and $829,945 Comes Through Here in Nine Months During the past nine months, cosmetics of the value of G.U. 37% 248, or the equivalent of $820,945, have "been Imported into" China through the port of Shanghai, uecording to statistics from the Foreign 'Trade Bureau of the Ministry of Industry. Face powder, perfume, and other toilet articles' reached total value of G.U. 172,414 in the me months, while in " September alone, their' value stood at G.U. ann The total value of imported face cream during the nine months amounted to GU. 67410, and in September alone to G.U. 11,821. Tooth powder and tooth-paste in the nine months reached G.U. 98,815, and in September G.U. 8,93

'The statistics show that the United States "Is the leading exporter of cosmetics (o China, being responsible for G.U, 0067 during the past nine months." Other countries' stares were:—Franee, G.U. 39,507; Germany, GU. 16100; Great. "Britain Gv. 39,49; Hongkong, G.U. 138; Japan, GU. 13,805; other countries, GU.

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

Your account