Macnaghten, cmc, 08.0, be elected to serve on the Board of expedient to do so upon such terms and in such manner as the Council may in its discretion think fit a sum not exceeding $12,000,000 or the equivalent thereof for the pur= pose defined in the estimate of [Extraordinary Expenditure, Mr, W. H. Piaxt-—Mr, Chairman, Indies and gentlemen, beg fo second that resolution, Carried, Resolution VINI.—That this Meet~ ing of Ratepayers desires to express to the Chairman and Members of the Shanghai Munfeipal Council its grateful thanks for their services during the past year, Mr. G, Boorsex—Mr, Chairman, ladies and gentlemen, It gives me very great pleasure to second this resolution, I have nothing to add, 1 uly trust you will pass this resolu tion unanimously, Applause), Carsively under the jurisdiction of the British, The American Settlement was separately founded in Hongkew, eros the Soochow Creek However, when the French, fearing lest their interests might be overlooked, determined to set up a Separate" municipal government "they "had entered. into ment with Ling Taolal on Api the' establishment and government of a French Concession ind the resultant Municipal Coun-fil of the Concession Francaise was Formed on May 13, 1862, a movement
both "the English "and American for "one munleipst government for [Settlements was put forward Edward Cunningham of Ca, and Mr. George F. Sewa American Consul. The' proposal' was brought before a meeting of land renters held' on Saarch 3 1802, and was passed unanimously. pro posal was then referred to the consuls, and was approved by the British, American and French, and hel 'Seplember 21, 1803, nally' a meeting of land renters
confirmed the creation of the Interfrational Settlement of Shanghai, north of the Yangkingpang.
There is therefore no question that the British status of the Settlement was relinquishod—logally _altered—Tong ago, much as some of us may egret the curious action of the English residents of that period, and Shanghai can never be British' again except by conquest.
Text read from the printed page and cleaned; old type leaves the occasional error.