The history of the "North-China Daily News" is in one sense that of the Settlement in which it was started. It commenced from small beginnings and developed with the port, until it may safely be said that it has come to form an integral part of it. At this distance of time it is difficult to trace the complete ownership of either the "North-China Herald" or the "North-China Daily News." It is possible to believe, however, that the major portion of proprietorship in the two papers constitutes - something of a record. The "Herald," after the death of Mr. Shearman, its founder, was in the: market for some little time, and appears to have passed into a series of loosely formed partnerships on the exact nature of which the "Herald" is
Text read from the printed page and cleaned; old type leaves the occasional error.