My. modest. investments (in local currency) have caused me no end of worry lately and I am willing to grasp at a straw to obtain a sound night's rest, but I am not allowing myself to be lulled into a sense of security by the note of confidence Mr. Kann has tried to weave into his letter. In fact, realizing as I do the motive underlying Mx. Kann's letter, the generally unconvincing aspect of his arguments leaves me more than ever Shanghai, Apr. 7.
Text read from the printed page and cleaned; old type leaves the occasional error.