The Archive · 1937

Other, Nanking Activities

Other important architectural pr jects at Nanking are' ay follo Nanking Municipal Bank will erect their new offices on Sin Chieh Kou, the banking circle of Nanking, where six' important Chinese banks are already operating: Mayor Ma Chao-{sun of Nanking! has announced that the Municipal Government intends to Dulld a community centro at the muni cipal recreation ground, The object of this is to provide accommodation for mass gatherings to View educational motion pictures; New Lite Movement activities; and to promote Physical and supplementary education for the people of the city. Some 50 mow of land has been acquired. for A new abattoir, but plans are. stil n abeyance. New rosidentiat districts ave been created by the estate developments of the Sin Hun Trust and. Savings Trust. Detached and semi-detached houses of modern or Mediterranean design are being built within and without the wall, 'The most significant aspect of the new buildings. In the capital is the Hrowing tendency to combine the fanelent' Chinese style with the modern, From the result it is hoped to derive a fresh and vigorous type of wrehitecture inspired by the past but strictly functional in plan, Speaking at the annual meeting of the Westminster Bank to-day the' chairman, Me. Rupert" Beckett, affirmed that commodity prices £0 far owe very little of their increases to undue speculation "Though prices of some commodities:

FMC, Leads Municipal Building The largest municipal undertake the realm of architecture. (pural engineering' ones. being. outside' the Scone of this eticlon, It the new Ads ministration. Building, of the French Munieipat Council which Isto" be heve than recently risen their. statistical positions war- Joffre, and 'House' Somer, Sao litle more erected ate rant, he added, there is no convine- building was the subject tra private ing evidence of boom yet develop-leompetition amon Tocal "French inge-since there Ix no shortage of The design of the wns commodities such "as has usually ners, Messra, Leonard and "iruze, been associated with previous booms. savours of a certain classical Greek The rise, he pointed out, has been brought about in the healthiest pos namely, the improvement iv the balance between supply and omand. and the col sal stocks. which to, have had 4 depressing influence on markets Mr. Beckett said he thought that those who were secking to control price advances were prematurely Epprehensive and that control itself was not without its dangers. The aly form of control now was the contraction of credit, which might involve 1 deflationary policy. considered this would be deplorable, Finally. Mr, Beckett declared thai there would" be no diffeully continuance of ehenp

Text read from the printed page and cleaned; old type leaves the occasional error.

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