Vivid Speech at Union Club: A Single Tax and Avoidance of Leakage: How Taxation May Help Trade Ata Union Club tiffin on Monday Mr, T. V. Soong in an ined the policy of his regard to taxation. Mr. James Lee, the newly-elected President of the Union Club presided, Mr, Lee said that he was deeply sensible of the Wnour of being elected President of the Union Club, which was organized in 1919 and which now has a membership of approximately $00. In the past, Me. Lee said, the Union Club was limited to Chinese, British and American residents of Shanghai, but at the last annual meeting it was decided to open the membership to persons. of all nationalities and he hoped that many would avail themselves of this opportunity. Mr. Lee then called upon Mr. T. V. Soong, Minister of Finance of the Nation: alist Government.
Text read from the printed page and cleaned; old type leaves the occasional error.