When the Northern and Eastern Districts were evacuated so suddenly during the week ending August 15, 1937, it would be safe to say, without fear of contradiction, that thousands of Chinese inhabitants who crossed! South of the Soochow Creek were in-Gebted to their respective landlords for an average of at least three months' rent, states "Finance and Commerce." Since then, of course, the properties have remained unoccupied (if not destroyed by fire) and have ceased to bear any rental income whatever. In these circumstances, it is not difficult to arrive at some idea of the tremendous losses that have already befallen the owners of property in these areas.
In other districts of the City overcrowding has taken place, and it is natural to assume that certain landlords have profited thereby. This is hue to a certain degree. Property which previously lay vacant is now fully occupied. However, in the many blocks of residential property where overcrowding has taken plac? the owner finds himself faced with many new problems and difficulties, and it is of paramount importance that these should be carefully ex-
Text read from the printed page and cleaned; old type leaves the occasional error.