To the Editor of the "Nomru-CuiNa SUNDAY NEWS."
Sin—The Chinese American Bank closed its doors in May, 1929, for the alleged purpose of reorganization. The alleged reorganization developed into a liquidation of the Bank in September 1929, The main reason for the liquidation is an unusual one: The Chinese Government lowes the Bank about $8,000,000 which amount still remains unpaid.
Even a small part payment from the Government would enable the Bank to full its obligations. It is to be hoped, that the Chinese Government will find ways and moans—as would be the ease in every civilized country—to enable the Bank to satisfy its creditors.
Notwithstanding these unusual Jconditions the management of the Bank did not find it necessary to or to old pioneers of Christianity have well-built compounds anil houses, motor-cars, pinnes, ete? No, their only possession was the Holy' Book. 'They were content to leave politics to the politician. 'The old Missio has gone, to be replaced bs 'There are a few good missionaries to-day, who only aim to do good for their fellow creatures, and' will not even discuss polities, but unfortunately they are few and far} between. Regarding extraterritortality, Tquote a few lines from a Jotter received by me from an Amer-{ean friend of mine, "The papers are full of further revolutions in China, I wonder if they will ever cease fighting and get down to business. It is laughable the way that they are always erying for the abolition of extraterritoriality, that is, it would be laughable if the people' at home did not swallow every bit of propaganda the National Government puts out, as if it were gospel truth, 'There' would not be so much love for the poor downtrodden Chinese if some of these people had to spend a night or two in a Chinese gaol."
This is the opinion of an Americ who knows China well. Let the National Council of Congregatior Churches of America stick to their job, for which they are paid viz. the saving of souls, and leave pol cal matters to those who are better fitted by experience to deal with them. They say that oil and water, do not mix. Well, it is very certain that religion and politics cannot go hand in hand, unless it ig to bring' religion into contempt. publish a balance-sheet. It would, Jappear urgent therefore, that the creditors. get together and consider, what steps should be taken for protecting their interests.
The writer would be obliged, if ry [all the creditors would kindly let him know their names and adresses Joy sending same care of this newspaper, in order to call a creditors' meeting.
Tam, ete,
Text read from the printed page and cleaned; old type leaves the occasional error.