The question at issue is a plain one. Is a Provincial Government free to say that any Company which has been built up by private enter prise and yields a profit must be transferred to the Government on such terms as the latter may pose? Unfortunately, as the result Jot objecting to unfair levies, Dr.
C. Kung, the managing director of the Hankow Company, finds himself in prison, The Chinese press states that no charges have been brought against him, or against two of his right-hand men who share his fate. His personal friends add that they have not been allowed to stand security and secure his release on bail. The matter is being watched with much concern, and it is evident= ly going to be a test case and no one wishes to sce effectively run public utility companies transferred to incompetent hands or robbed of income which is needed for the Aevelopment and preservation of the present large plant.
Text read from the printed page and cleaned; old type leaves the occasional error.