THE CORONATION INFLUENCE, THE WATERWORKS REPORT, Mr. H. Martin Little's survey of the operations of the Shanghai Water works Company in 1936 disclosed a healthy situation and, moreover, the Judiclous application of retrenchment without weakening the Company's. ficiency "or its relations with Its consumers. Indeed the consideration which the Company has paid to economic stringency foregoing a reduction in its rebate until the last possible moment has made a marked Impression. So, beyond the natural reluctance on the part of human nature to rejoie: at such a development, the decision to reduce the rebate to 20 per cent, as from February ast has "met with little opposition from consumers generally". Shanghhal consumers realize that they get water of a purity not to be readily found elsewhere, 'The suggestion that the supply, however good, is costly cannot be' supported if due regard bbe paid to the lowness of the general standards of living. The Company has been able In friendly discussion with the Council to uphold a proper' resistance to budget defelts. This is clearly in the interest of the public as well as of the Company itself, for impairment of the financial status of the Company would diminish its ability, to maintain an efficient adequate water supply—to the ultimate prejudice of the consumers' convenience. Prudent financial management is as much a part of the Company's obligations to the community as the scientifically admirable service which i dispenses through its mains.
Text read from the printed page and cleaned; old type leaves the occasional error.