It is understood that John Brown will continue the business on the old lines under a new board of directo: which will include Lord Aberconw chairman. and Sir Holberry Mensforth and Mr. S. W. Rawson, Mr. Walier C. Macartney, who has been managing director of Markham for ten years, will continue in that office.
Markham and Ca., has important racing rb e Results he results, he referred to the subst ial reduction in the volume of id trade. the breaking 96 many the chains of personal relation ps on Which trade has been built up, and the substitution therefor y riter-State transactions of the variety at fancy Also countr financial oblig: to meet those us Which gave rise to overmuch cent el, and subsequent ly to a sy: em of barter; the decil export as well as home connections and finds employment for about 1,000 hands. It has supplied a number of winding engines and other equipment for gold mines recently and specializes in the manufacture of huge cas iron segments. It hag supplied such segments for the construction of the Mersey Tunnel and the London Underground Railways, ping:
substantial impediments exchange of servii es, and the ne of entrepot trade.
All these were the result of the desperate expedients of an unexampled economic disaster, expedients provided no kind of basis for_this present period of recovery and for the future.
Summari Li what must be done
Text read from the printed page and cleaned; old type leaves the occasional error.