The Archive · 1935

THAT MERGER

Mr. A. L. Anderson's letter published to-day dealing with anotter proposal for the merger of the New Engineering Works and the Shanghai Dock deserves the attention of Jeveryone concerned. It is not the function of this journal to pass upon the merits of the scheme which Mr. Anderson #9. succinctly _propounds. That Is a matter which concerns those whose money Is invested in the two undertakings. But on the larger. genes it Is possible to express an opinion. Of the desirability of such merger there cane no two op! Bions. The amount of money invested In the two firms, the size of their] se sets, te important contribution the /Wenich they make to the life and Dusiness of th's port, are sufficient reason. for insisting that not only would a merger of some sort be in the Interes's of the investors them selves, but also in the best interes: s of the port which the two companies serve, It seems obvious from all the speeches which have been made and the letters which have been published that the merger can only be achieves. bby the most carefully adjusted compromise. That reconciliation of th: various divergent views 1s dificult fully "comprehensible. It is but natural that every man should seck to preserve to himself that which he hing already obtained, but times de arise when the sacrifice of a minot

only. means of safeguarding the Berton of an Investor's sighs Is the balance, and if all pares to present' agitation for by compromise recon interests a great future for the con. bined undertakings may confidently

Text read from the printed page and cleaned; old type leaves the occasional error.

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