Society Actually Making Big Profit from the Ru Evidence of "Instigation"
HHOUGH unable to predict the duration of the run which he termed "instigated," Mr. M.
Speelman, a director of the International Savings Society, on Thursday night assured a representative of the "North-China Herald" that the concern was more than prepared {6 meet all future demands, Asked how much available cash remained on hand, Mr. Speel~ man answered, "Million Discussing the run, which began at 3 pin. on Tuesday, June 4, and continued with Increased vigour through 'Tuesday' and Wednesday, Mr. Speel-nan voiced he gpiion thal was rave at he said, "that "eet" rumour. "We;
told the Society would not reopen' after the Draven Pestivol holiday on Wednes day, As far as the Society is con: cerned, the run is excellent business. intact, itt ly the. best business the Society can do, for we are max: ing money on each surrendered bond whether we want to or not.
Noturaily, when a depositor surren: ere a $1000 bond for, say, $700, we G0" nothing elbe' but' make Jcrowd shelter from the hot sun and also so that routine business might be conducted downstairs as usual.
The run, Mr, Speelman pointed out, nas not deterred other bondholders from investing their money in the Jcompany, and except for the frighten fed Chinese and a few foreigner mostly Russians, business has gone usual,
Text read from the printed page and cleaned; old type leaves the occasional error.