To the Editor of the Nowr-Ciiwa Dany News"
'Sim~Since the Raven interests applied' for a liquidator on May 24—thirteen days "ogo—much has been written and more spoken about the Interests of the depositors and clients Involved in the unfortunate situation, far og 1 have seen, practically has been thought of the interests of another group affected even. more vitally than depositors. 1 refer to the 200 old employees of the three companies.
Up to the present time these entployees have received no official state ment as to their status or prospects. Since the firms they worked for went into liquidation only four days before the regular pay date, most of them, have been been leading a hand-to-mouth life thee then with nearly all their ready cash gone and the usual month-end creditors on their heels.
In addition to having had no salaries since April, 2 great majority of these workers have lost the use of their savings and checking accounts which are tied up in the liquidation.
Under the above circumstances! about 200 persons have been dumped fon the supersaturated labour market of Shanghai with nothing more than the tragic lesson not to keep their savings fu the same institution as they work for, Whatever the law says regarding stof salaries In a situation like this, it ig well understood th Shanghai as elsewhere that no one dismisses the lowliest coolie without few vieeks? notice and salary.
Hoping you will generously give space in your columns in order that the public may be appraised of this matter, and that those In power and influence may do their part to give 8 square deal to those in distress, Shanghat, June 6.
Text read from the printed page and cleaned; old type leaves the occasional error.