Mr, Choy, in the course of his address, specifically explained the Land Laws, and quoted a letter: which he bad addressed to Mr. A. W. Burkill, Hig address in full follows:
Commander Davey, Mr. Hayim and Gentlemen:—"I am most happy to be present at this occasion to mest so many leading members of the community who are interested to Alscuss the complicated problems of land reforms in Shanghai, Tt is indeed a rare privilege, and 1 must thank the hosts for the hospitality opportunity so generously in the press, The subject deserves the attention of all financial and business leaders who have the welfare and prosperity of the community-at heart. Tam glad that the reforms proposed by the Bureau of Land have stimulated much interest among the public and aroused no small comment from many sections of the community, "You all know that, land, "which plays a vital part in China's' civilizes tutes the lion's share of 3 south gold and the iis rubber, Shanghai depends on its land for the vast) we ith by which its imin part measured. Al-exact statistics are not Tand holdings constitute hence a gr the assets, of most financial institutions. 'The rich class of the city, nay, of the nation, 100, finds in land investments an' important item of its property holdings.
Text read from the printed page and cleaned; old type leaves the occasional error.