Proposed Scheme To the Editor of the "Nonrn-Citxa Dany News"
Suy—As the result of a close study. by those Interested in the formation Jof the Shanghai Shareholders Protection Association present position of the Tubber Companies controlled by Mesers A. 1. Burkill Sons, Limited and Messrs J. A, Watti Company, Limited, a° report has been compiled and a'seheme framed containing suggestions of administra~ tive economies, amalgamations "and the appointment of a single board of directors to preside over these com-
Particulars of the estimated ecunomics which could be effected are set out in the Report which now needs the support of a sulMelent umber of shareholders to ensure ths proposed scheme being given th careful consideration of the present Directors, General Manogers- and Secretaries.
To this end a letter, which share holders may sign "en bloc" as signi fying their agreement, has been ad. dressed both to Messrs A, R. Burkill Sons, Limited and to Messrs J. A. Wattie & Company, Limited, Ax itis obviously impossible to reach all those interested at their own addresses, it is urgently Fequestted that shareholders will ce-operate by calling at the office of Mr, N. W. Wiekling, Room 43, First Floor Stock Exchange Building, 16 Central Road, between pan. and 5 pam, on any. week-day for the purpose of signing these letters after perusal, Should these hours prove inconvenient a appointment may be made by tele-hone (13249), Shanghai, Feb, 11, A Survey To the Editor of the "Nownit-Cixa Dany News" sie the We "know "not why oF whats weave, forever weave, Sup~There are extremely dull days of business being recorded on the local Stock Market. This possibly is Justified" in the ease of Investment stocks, Lands, Cotton shares, ete., owing to the vast uncer fainties of" to-day' and "inthe near future: but there isa section of the Share Market that should not be overlooked, 1 refer to Rubber shares, here are ci number of frsteclass Local rubber companies which ure" prox ueingy at thirteen to fourteen cents Or again think of Scott vit jo] and are' in the neighbourhood corning a 100 por cent, clean profit top of the somewhat high oe head charges. duce to 343d. per pound Many rubber companies can prox
find can sell their product at 7¥4d. This means that Wonderful profits are being made, and must result In salise factory dividends being paid out. Most of the better companies are aint in need of cash. In the uxt, holders of rubber shares have had ty suiter. but it certainly appears wise We can call to min a LIF nothing on the horizon, at pres= than one Spinning Song and ent, can hinder the companies from have our "Sung of the Weaver" [declaring naguiticent dividends, 'The are to suggest that resent restriction scheme' wilt there is remarkable similarity. be-function, it ix supposed, quite a 'a Bach Fugue and the orderly further length of time. ies of Textile pattern.
Brokers have accumulated what Religious. and' Historical tions stocks they can, but apparently they' of the Textile Industries are equally are nut fur a position to buy more interesting and 1 need not go further extent, "One day Neither need 1 refer be hoped, we shall arise and the the world-wanderings in that our "local Banks. re willing hich it hax been my" good fortune 10 dis ly the past, to Tend money:
following my. vocation.
1 ibber shares—sly 0 per cent, must, however, anticipate the eriticisn oer 60 per cent, value, then we shall which will at once {see a very different state of thin ix not prudent to put all of one's: basket, itis my opinion were to '0d local rubber sit prices, the Invest wen out (provided rubber GHd—1. per Ib) would inevitably hav bbe faced and in shoutd tind wed down, South, therefore any proilts of Jocal companies axe ning for educa on, That the education of the future will centre round that training "heh best lis a man or woman (0 take progressive interest in life and that his means that not regard life wor any vocation in life as stall rather as dynamic, continually and that the lower dow London rubber shares, which are goyd criterion to Work of, have, in the last few months, steadily 1 price in some cases 2 iL. to 30 per cent. and more, Shanghai some. shares ure We price, oF even lower, with Fubber ut around Td. than they' were when rubber was 3 to 6 per Ib. and scale any particular vocation mat this entirely: through ack of cash. bbe, the more opportunity be for those who are being well tal educated to find therein their own true vocation In life. Regarde thus we cannot possibly have too much education: but it ust be educa tion of the right type—d amic rath than static: it you will, vocational othe:
wan pedantic education: edueation for life in the present rather tha a harping back to' the past, Just one final word A judicious investment in some oF the better Local rubber stocks at dots el appear. to be a very great risk, happy to point out the are: showing the above, it being ent rates, Sha to' the Examination Controversy. have one suggestion, and that a dt Lei the examination papers be posted a fortnight before the eveaminatioas.
IE this be done the tives. T have tried it and 1 know, Tt isan experiment which may boar much fruit if tried and followed Atonrn F, Tani the shock of 1
Text read from the printed page and cleaned; old type leaves the occasional error.