Commerce Recovery Body to be Formed Three important resolutions were adopted by the sixth annual general meeting of the Shanghai Chinese Chamber of Commerce, held in the Chamber's assembly hall at_2. pam. on Sunday. With Mr. Vu Chu-ting. chairman of the Chamber. presiding, the meeting was attended by over 280 representatives from more than 100 trade guilds and commercial organizations. "in Shanghai.
Declaring that the business deoression in Shanghai had gone from bad to worse in recent months, Mr. Wang Yen-sung, a leading member of the chamber, proposed to form a Com-mere and Industry Recovery Assedation composed of economic expers and busines and industrial leaders for the purpose of devising means to aid local shops and make suggestions to the Government, Mr, Wang declared that the Government's relief measure—granting loan of $25,000,000 in treasury bonde—was only of a temporary, nature and a body entrusted with the work of finding out the fundamental causes of the depression and giving permanent relief needed. The meet ing, following lengthy' diseusione, adopted the proposal in principle and referred the matter to the Chamber's executive committee.
Text read from the printed page and cleaned; old type leaves the occasional error.