What are the Benefits?
To the Editor of the "Norti-Cinwa Daly News"
Sm—Scanning the passenger sts your esteemed journal, one notices numerous familiar names returning from their summer vacation, Many consider it lucky to go. away from the Shanghai heat to Ideal. resorts, It is unquestionably the time. where the beauties of nature are strongly creasingly precarious. At home, Pa Fiving at British ports are carried in British shipowners working with a manifest and impel the thoughtful to labour (roubles are again threaten: foreign ships is, to my mind, an in-similar organization composed of admire things in life. But the mae ing, and while the Republican victory evitable sequel to the decline in. the bankers and merchants, and in a very Jorlty of the holiday-hunters seldom in Maine was welcomed by the stock percentage of the British-owned ton few years British tonnage would not Rotice anything above the normal, market, it was not decisive enough nage of the world's total, which now only rapidly iso, but with such an They are bent upon cruising to their forecast definitely a New Deal stands at 64,000,000 tons. This decline, organization and backing, security for heart's content, They return to their defeat in November. 'The volume of from 502 per cent. in 1901 to 41.6 building new and up-to-date tenn "home" re-invigorated physically ding on the decline' in stock prices Rad Per cent, in 1914 and now to 268 per would be quite encouraging, British ready {o toll and moll and slave until was, however, not sufficiently large cent, in 1936, Inns surely been brought tonnage has never been built up with the next your's season. The post was to warrant fears of any severe sel about by the adverse operation of the very least aim for any eventual by no means harsh when he depicted back. foreign subsidies, There are foreign subsidy: it has been built up by real not uncom: non character when he Aeets afloat to-day which simply could wrote of one Commodity prices were gene: ly foresight and intelligent management, firm. "Ineteased recognition of the St of exist without very generous gov-chiefly through the professional naval travelled here, he travelled there, arent subsidies and many of them strong world statistical position of or marine architect and engineer not the value of one hair wheat caused strength on the grain wou'd never have assumed the pro-Was head or heart the better, conjunction with intelligent, shrew Porticns that they have without en-exchanges where corn tended and able experienced shipping man-Menor, couragement of that nature, It is true follow wh Cotton eased on heavy agement—without sucha. form that British tramp owners now share Shanghai, Sept, 16 hedge selling despite exeelicnt con-organized management only" bank-an annual subsidy of 22,000,000, but sumption figures, Rubber displayed no special feature. Though some of this is a mere trifle when compared ripley could be looked for in dealing with competitive shipping. with figures of government assistance the business indexes revealed. the effects of the Labour Day holiday, Siven (o practically all foreign ship-A. J. Ricuanvson,
Text read from the printed page and cleaned; old type leaves the occasional error.