the House of Lords The report of the decision which hrs given reversal of the Court gold clause" ease discloses altitude which China. Atl the decision, explained that he and his colleagues would issue their con~ sidered juditmeat Tater but that they were revealing. their conclusions at fence because they understood that the bonds concerned in the c: s¢ or some of them at any rate were falling due at-an carly date. Tt will be perceived that their "Lordships. were thus showing an alert <ppreciation of public convenience and were not disposed to. consider that the mere settlement of the legal {issues in dispute was the sole concern of judicial procedure. They clearly recognized that the machinery of the Iw shad a direct relation with the everyday transactions commerce and finance and should, as far as procneable, be mide to act in ce-operation with the other institu. tons of the Iand, The point deserves emphasis for too often in this country the principles which it embodies are overlooked, AIR MAIL DELAYS, without dogmatizing on the justi cation of the complaints. regarding, the delay in the transmission of alr mails from Shanghai to Burope. it may be permissible +9 point out cor {ain conditions of which - notice should be taken. The absence direct air-mail route Introduces, Derticulsrly when the service is in infancy, certain factors which are ound to give cause for delay. The aireletter has to xo first from Shang: hai to Canton, "whence it. catches nother line either through "ong Kong-Penang or through Mano. it must be recognized therefore that, once a connection has been missed, he margin between the time theoretically ealeuiated {9 cover transmission from Shanghai to Europe. and. the time taken by the Tand-route via Siberia is Ukely to be eliminated. Indeed it is probable that the route will prove more expedition although there too. in recent weeks Gelays have occurred. "Generally may be said that the airmail from England is more often than not ohmd. the mail sent across the railway to Siberia, but if connections fare caught withaat delay there is it definite "saving of time which is of cal value. As experience develops the air-mait may be found to compete more successfully with the mode of transmission. Just correspondents should recognise. tha the alr-mail is a speculative choice asa loiter-carries and considerable tolerance has to be shown in assassin results for Shanghai, Places whi fare fortunate enough 10 be on dircel air routes, suchos Sinsfapore and. Hongkong, "have established the superiority of the sirsmail in expedi= tion without The same cor have been better speed of the airliners further creased.
Text read from the printed page and cleaned; old type leaves the occasional error.