The Archive · 1928

What Might Happen in Shanghat

Picture Shanghai with a deben-tare issue of some 40 million taels under similar circumstances, Would the public Bestir themselves to see that someone undertook either to redeem the issues or pay interest on the date? Tt is imagined they would. Cannot Hankow debenture holders get together and lodge a formal protest or are they content to leave everything to chance preserving the slovenly and slack ar-angements that characterized the handing over of the old British The unfortunate experience of Hankow has become an invaluable lesson to Shanghai and it is to be hoped that the lesson will be properly learned and borne in mind should any alteration in the status of the International Settlement be contemplated. and the fact that she had so many passengers on board, led the police to believe that she was not engaged legitimate business. The Shin Maru is said to be Japanese owned, but was recently chartered by cer tain Chinese for trading purposes between Hongkong, Swabue, and Pingshan. As Swabue is in the hands of the Communists, there was suspicion that some of the persons aboard might be agents of the Reds hired to creat trouble in Hongkong or elsewhere.

There are other Communists hiding in this Colony, but they have thrown away their Red bands and ties 90 that the police have no way. to discover them, They pose a9 well-to-do people in order not to draw attention of their identity.

Text read from the printed page and cleaned; old type leaves the occasional error.

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