Although 'Thomas Edison's. produc tion of "The Great Train Robbery" in 1003 has been held by certain authorities to. be the "parent photodrama," H_W. Ray of the Grand' Theatre, Shanghai, can pro
contrary. duce persona direst evidence to, th When Mr. Ray was serving with his regiment, the Sherwood Foresters at Newport, Isle of Wight, 1003, he was among those who arranged a cinema, performance at which Princess Beatrice, the daughter of Queen Victoria and the mother of Queen Ena of Spain, was an honoured guest. The film shown was Lumiere's "Trip to the Moon", based. on a Jules Verne story. Obviously if that fin was available to the Isle of collecting accounts, investigating claims, and' all the other operations connected with winding up a company. While, therefore, legitimate curiosity is aroused by the publica tion of the accounts, it is not prob-fable that that curiosity can be tmmediately satisfied without prejudice ing the interests of the liquidation as a whole." he court's instructions to Mr. Hough have been very clear a the intention behind them has been emphasized by Judge Milton Helmick's blunt declarations. Tt can, therefore, be taken for granted that Mr, Hough will proceed with the Uiquidation in. the most thorough riner possible and in due course there will be an appropriate report responsible authority so that ght can be thrown on the circumstances in which these com= panies came to grief. Surmises and Seductions have their value, but they fare out of place in any statement which professes to give the actu Taets on which considered judgment can be based. Someeriticlsms seem to suggest that the Liquidator is a kind policeman concerned only with the Getection of misdemeanour.. This, of course, is wide of the mark. The Liguidator's job isto obtain as favourable a liquidation as is, possible, and in doing so, if there should be discovered any matters necessitate ing the invocation of legal action, such disclosures will be automatic ally forthcoming and will be dealt with appropriately under the orders of the court. No doubt this plain Statement of the position may be oer consolation to a large number Of people who are in dire distress as result of the bank's failure. "But it is certain that were the Liquidator to ct_on any other lines than those described by the principles outlined shove, the ultimate interests of the eneral body of creditors would be of Wight in 1003, it must have been produced before "The Great Train Robbery." Incidentally it was considerably longer for the Edison film was only 800 feet in length. Curious-enough, in 1914, when travelling in the Interior of China, Mr. Ray came across, a performance of "Trip to the Moon" which was being shown to a Chinese audience and apparently, going strong.
Text read from the printed page and cleaned; old type leaves the occasional error.