Reports circulated more or less freely in Chinese circles and to some extent in local shipping circles rigest considerable internal trouble in the China Merchants S. N.
Recently, the Chinese press had that' Mr. T. C. Chao had resigned from his post as Director-General of the company and General Chiang Pah-chi was mentioned as his successor.
In conversation with an official of the company, a representative of the "North-China. Daily News" was told that Mr. Chao still held his position and was present at the office each morning. The writer gathered, however, that there has been internal trouble of some moment, for Mr. Wong Pei chun, Minister of Communications, made a special trip to Shanghai from Nanking on November 17 and remained in conference with Mr.
Chao during the whole" morning.
The result of the conference war to the effect, we are reliably informed, that the Minister authorized Mr. Chao to carry on in his capacity fof Director-General at least for the time being, but it is stated that the Nanking Government proposes to reorganize the whole internal of the company and thut negotiations are now proceeding with that end in view
Text read from the printed page and cleaned; old type leaves the occasional error.