The Archive · 1930

Oil Company to Move The Standard Oi! Ca. of New

York has decided to remove its stocks of oil from Changsha Canton. This decision is the result an exhaustive ex all aspects of the situation in Huan, with special reference to the company's facilities the ive of the "Northly News," a high official of the Standard il Ca. said that the situation was complicated by the obvious inability of the Government to send further troops to ngska for the protection of for-ign life and property.

"Although according to latest reports Gen. Ho Chien is again in control of Changsha, it does not necessarily follow that the risk to life and property is at an end," he said, "What happened within the space of 24 hours before might occur again on a larger scale in the near future. This sorns a bold statement to make, but we must remember that only a few hours before the Communists captured Changsha without a shot being fired Gen, "Ho had 'i assuring statement 5 pel all" probability menace to the city, "The Government obviously ean-not send more troops to protect. life and property. They have their hands full elsewhere. It follows, therefore, that no change for the better can be expected and. thos Who have anything at stake must. take proper precautions to protect themselves from loss.

"As regards the removal of our stocks, we are acting in conformity With our belief that for some time to come Changsha will be the centre of trouble and discord, Our action, also, is governed by our Peculiar position as compared with other oil companies there. Whereas they could remove their stocks with facility and despatch in the event of serious trouble due to the fact that their plants are situated where deep water is the rule rather than the exception, we could not do 80 8 our depot' is normally access be only to very shallow draft boats, We think we. should: remove our Hlocks while we can, "Another aspect of the situation is the probability of all foreign gunboats withdrawing from Changsha during the winter. 'That would mean enormous risk to property, if mot to life, in the event of fresh outbreak of fighting, 'There is no doubt' thatthe position is serious. Reports from Changsha emp the imperminence of any semblance of order and are unanimous in their references to future disturbances

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