There has been a greater dewand on the charity funds during the past jvear than ever before in our history, view of the present state of do-pression in Shanghai, this was only fo be expected. By the end of the summer all the money that had come in as our share of the funds collected by the British Chamber of Commerce for the unemployed bad been used Jand we had begun to encroach on the ordinary charity fund of the society. Your committee then felt it necessary to pass a regulation that the use of subscriptions made (o the charity fund by, members of the society should in fulure be reserved for assisting our Jown members. There is always a demond for assistance from people of Welsh connections, either temporarily in Shanghai or who have for some reason or other not joined the soziely. [The committee will endeavour meet their demands as far as possible from the grant made by the British Chamber "of Commerce, which we hope will be resumed this yes The ancial situation in Shanghai has been so much brought home to each of us that it should be hardly necessary to emphasize any appeal for subscriptions to our charity fund. Inspection of our balance sheet wil show that the funds that can be made available for charitable purposes are dangerously low, and 7 would like specially to point out that, without further substantial subscriptions. the committee during the coming year will find it very dificult to give adequate assistance should eases requiring help occur in our own ranks, contingency for which in
Text read from the printed page and cleaned; old type leaves the occasional error.