To the Editor of the "Nonri-Cinxa Darcy News"
Sin—I ask the courtesy of your columns to reply to Oxo Suancnocden's Tetior in to-day's Issue, As You are well aware, Sir, the circular referred finished with a paragraph headed "Recommendations," which read. a follows:— secretarial ofice be formed tu Shang (That a single agency a
Sal from the state of these two firms, represent the 49 Companies fos Which they" act (3). That Joint subsidiary Company—Messrs.. Kennedy, Burkill
present agenty agreements and enter Ca. Penang, cancel their Into new agreements to be negotiated lupon'™ terms. more consonant with those prevailing in the Industry.
Does this suggest in any way an attempt to take the control of these Companies away from Messrs. Wattle Burkill, or that myself and Mr. Fearon should in ay way control them?
Ts Oto Suaneuonen deliberately misrepresenting facts in_ order belittle and ridicule an effort, which already hag the support of 'a very large number of shareholders, ix getting further support cally, and which is not being run by My. Fearon and myself alone but a group of responsible business men many of whom, though they are not of the "Vested Interests" category, hive no connection whatever with the Stock: Exchange. He very cheaply mis. represents my business training 1nd knowledge, and deliberately on'ts reference to Mr. Fearon's 9 years' ct work in the F.MS. in close connec: tion with the Rubber trade in all its branches.
wish to inform all rubber shareholders, including Oxo Suaneuotoen, that I am now in the position to state that should our directors desire to look ster shareholders' interests, they can by merely insisting that Messrs. Kennedy Burkill's charges be reduced to competitive rates—effect an immediate saving of a minimum of Straits $25,000 per annum.
'To suggest that the Interests of sharebrokers, many of whom are "very old shareholders" of robber shares, are in any way different to other shareholders' interests, is pure That "such an Association could be satisfactorily organised in, 2 Shanghai" remains to be seta, but 1
Text read from the printed page and cleaned; old type leaves the occasional error.