sera et ion was -obvious that the various Jcommittees had left no stone unturn-jed to make the affair a success, and the well-maintained strength of the Abraham at: 502 Avenue Foch on ithfuls" was a feature of the The percentage of the latter who remained to greet. the advent ofa new Gay, was an outstanding tribute to the supremacy following address: haa)
nationality over the much mooted frailties which are' supposed to {ed undermine the human frame. tg midnight, though not for the lad There had, een no casualties up of the presence of members of the particularly of past and preser Troop of Boy Scouts, has been a Te, oes Sea art ant tion: during the year and it: leaves Tittle for me to add, of time which your Committee had Found" necessary to. devote to] pilotage questions; during the year! Hndet Sveview "taveral. hanes Importance in the tariffs Shanghai Licensed. Pilots" Associa-Hon and—the Woosung-Hankow Pilots' "Association were. insti resulting. ina considerably burden "on shipping compan the ense, of the Shanghai, Licensed Pilots Association, however, - your! weakness again set in and we closed fat the lowest oficial quotation of the year 1/43, Since the opening of the present year @ further sharp decline has be recorded and by the middle of February "Silver fell to '12d, "per jounce with the tael quoted "at vi This unprecedented price for the metal brought forth not. only from producers but also from those debut would appear that the remedy lies rather "in the gradual world. re-committee has been successful in|covery from the present economic obtaining. the creatic of a reserve] crisis than in any artificial measures fund by' the setting aside of a per-which would only be of a temporary centage of igs each month, We in China, are, as you! This sinking fund is to be applied are aware, particularly dependent! to replacement of exist it/upon the value of silver for therein and equipment, and the Harbour: Ties the buying power of the country, Master: has informed the Chamber at the present level it that the reserve fund will be handed impossible to do business in many over to whatever authority takes Jot the main lines of imports such of Public' Holidays after consulta- S. tion with the Ci the The principle change was the increasing of the holidays at, foreign New Year to lays '(including Sunday) and the' abolition of the. usual. holiday Lunar New Year and replace-Tent of same by a two days hol day on ith and' 18th February, 1931, to be known as Spring Holt: day." Towards the end of Janvary, however, the Chinese Government Issued " Mandate that to holiday of any nature was to be permitted at the Lunar New Year and Gov-ess during that period, Speaking generally, however, Chinese busi-hess houses remained closed for at least four fall days and the Lunar' New Year was observed without any apparent change in the Shanghai district. over the Shanghai Licensed Pilots'
Text read from the printed page and cleaned; old type leaves the occasional error.