'The objectives of the Japanese Ratepayers' Association were defined by the head of the new organization four-fold, Including a fundamental re-examination of the Land Reg tons, th pal election taws, 1 Couneit's financial system and also the Council's taxation system, In announcing the objectives of the Ratepayers' Association, Mr. Hayashi denounced the make-shift policy adopted by the Munieipat Couneit meeting its financial dimeulties, In eoncltision, Mr. Hayashi stressed that the welfare of the Chinese, who fe m the great majority of the Inhabitants of the Settlement. should not be ignored. He added that when the Nanking Government is able to maintain peace and order, the Seltte~ ment should be "returned" to. that Rovernment. The Association, declared, is willing to ce-operate with, the Nanicing Government in. regal Ing its sovereign rights Hotel Pacifi Holds
Text read from the printed page and cleaned; old type leaves the occasional error.