The Archive · 1940

Banks Closed Shanghai, Dee. 1

Chinese banks and commercial houses ili the central district, mostly in Nanking Road, suffered the toss of practically all' of the morning's hhusiness yesterday: when they closed their doors during the police strike, fearing that robbers might prey upon them. Some shops and native banks Nanking Road still kept doors closed even after 2pm. after the Shanghai, Nov. 27, jons were recently" cons ducted in Tokyo for the purpose of me 10, its Central. Banke of China ely in Shanghai, and although Aetails. of the decisions reac at the conference cannot ascertained, the results of the six-day conference are said to be satis factory.

'According to the "Central China Daily News." Mr. Chou Fu-hai, Min" ister' of Finance and concurrently Minister of Police of the new regime, generally: considered to be the most powerful man below Me. Wang Ching-wei returned to Shanghai by plane on Tokyo conference.

Mr. Chou is quoted ox saying that and in view of the fact that the Cen: tral Banke of China would soon established, he also discussed in detail the financial ce-operation plan tween his government and the nese governm Shanghai, Nov. 28.

A large number of relatives: and friends. gathered at the Customs Jelty yesterday" afternoon to sce off nother batch of leat and Tientsin Britons, who left the city to join Mic Majesty's fighting. forces, several of them enlisting in the Tndian Army, While the majority" favoured the RAF

This contingent brings the total to leave Shanvthai to 182 since the war Although their destination Chkhown, it is-understood. that. they will not ko to Malaya for training. seven from Tientsin formed Eleven man from, Shanghai and figent, those from Shanghhal includ Mellor. well, Smith, 'The latter for Singapore where he witt join the British Navy, Messrs. Mellor, "Hubs bard "Howell and Pullen will join the British Army, while the others intend to apply' for the RAL, Messrs. RG, Sanderson, J. B. existing Hes allow; constables had already resumed work tanta toterviewed. shop assistants aid Although the meeting only" tastedd six days, Mr, Chou said that the Polkinghorn, WE. Turner, D, Feeney, a Ut MeKenzie. BW. 3 and TR. MeVeigh comprised the YAM Vatrehing ana' Deputy missioner @f Police, Yo. met ele:

for the strikers and" negotiations Seung" atisiactegtis. conducted iitough these deterates" was learned that the strikers male approximately ten demands oF, the Coumell. mostly dealing ith creases in the rice and improved Hose allowances, "The strike was entirely" devoid of any pol motive rumours persisted none certain Chinese circles th there was more the trouble than what appeared on the surface.

Although the strike was oficial announced as having been termi t_noun owing to the number of involved it could not be defi retained until fate in the day ther all. the strikers had returned for} uty. There was no question, however, that they would not do the delegates of the strikers had "sured Mr. Vu Yah Ching and Deput: Police Commissioner Yao that the men would return to work immediatety, a condition which it is understood. was Inid down by the employers as first and requisite sty lit would have to be observed by the strikers etare the employers would earryon the parleys. "The men decided at discretion sous the best part of valour and were quite satisfied with progress of the talk between their delegates and Mr. Vu Yah equity Police Commissios The walk-out staged by the constables Thad been expected for several days, but on Friday it thought that the last would be heard the matter as the Municipal Couscil decided at its a grant Chinese potice for that us soon as they learned of the strike, their managers at once ordered them to close business since the district was without municipal pros. most of them said im the 9 that no, business had been the morn=

Jing at all Rumours the closing of the shops misiht background. in view of the new development in Nanking where the Wang-Japanese treaty was to be signed were emphatically denied by shop managers and. assistants, who said that they stopped business reluctantly fearing that robbers might be active. me out of ten shops. department stores, silver workshops and foreign Style "and native banks in Nanking Road remained closed during the morning. Only. small shops, stich as fruit and toy shops kept their doors open. "Those who went out shopping fu the central district were asin disappointed as they were surprised the closed doors of the shops where they intended to buy' things.

Many of avelicd half Between their home and des jons when they learned of the

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

Your account