To the Editor of the "Nowrw-Cursa Dany News Str,—There seems to be some misunderstanding about the silver clause Ju tenancy agreements: I am a member of property owning firm which like many others have borrowed money in the form of overdrafts, mortgages ete. from trusts, banks, ele. at fair rates of interest. These financiers have always Insis: ed upon the inclusion of the very same silver glavse which your leading article "Anti-Social" and your correspondent Disgusted" complained of. Many of us are not currency experts—far from it, but when we are expected {fo poy interest in silver we must do the simplest thing, that is, to ask for silver. "Overdraft agreements and mortgage deeds of even two years ago carry this silver clause, Tt is plain to see who has alarmed us.
Shanghai, May 22, "Comment on page 313.
Text read from the printed page and cleaned; old type leaves the occasional error.