The Archive · 1941

References in Library 8

Those who may be interested still high rents collected by landlords. further in the matter, will be glad to authorities were urged to prevent landlords but also ssu lossnrs comparatively recent arrivals here imes some of the foreigners who were

increasing rents.

Although had been making money so fast may be difficulties m carrying they could afford to go into the hoard" cla that the socie! nai it ell these programmes of public ing and "cornering" business today provement owing to the changed without fear of bankruptcy.

nation, the writer believed that the While the business of many legiti-@uthorities could not completely fail mate merchants and traders has been if they act in a fearless manner. hard hit by the depressed world situa-"Quoting opinions expressed by in- tion, Shanghai has proved an Eldoreformed circles, the Shing Sheng News do for racketeers and others of the ead hand lid mee the kesine ilk. The flight of capital to com-should orgnire a Shanghai Price recently as the risks of prosecution prices, the authorities concerned modities has become more pronounced 4 1

Fixing Committee in ce-operation With trade associations concerned, so to readjust the demand and supply in the market and to allow merchants to obtain only their legal profit. At are nil for profiteers and rapacious storekeepers, who need account to no one and have been using the flimssiest of pretexts to boost prices. The of, same time, it is urged, communitions must be improved so lis to low movements of cargo, and hoard-thg must be stopped. "Those who dis-must be punished. The methods loyed by the Settlement authori-for stopping profiteering in the market by conducting an official of foreign rice con be used also The anal, sugar. oil and other mar-Kets. An official monopoly and a Tütloning system are even suggested. slightest rumour, the most trivial happening has proved the forerunter of increased prices, favited to attend." T open t the publ, who are cordially are cord advised. not to buy in large quantities The manager öt 4 rééponsible for. threatened increase eign firm here.yeste declared prices for. it is pointed out, if they that the pity of it was that while y they will simply be playing into some foreigners were doing their jo hands of manipulators. All rum-utmost to assist the Chinese here to re that further restrictions will be bring rice prices down, other Chinese t is a resident in applied in the foreign exchange mar-were actively engaged in profiteering the International Settlement which end that certain quarters will try in the cereal to the detriment of is under the jurisdiction of Chung-all means to reduce the value of the their own countrymen. The same king's First Special District Court. liar are denied. The increase of party stated that he knew of a case This may be an important test case he price of American currency dur-where a man had asked a sterol in which the Concession court claims: ig the past few days.is attributed he was charging more fora the feverish purchasing activities d of pork than the prices quoted sugar merchants, who are said t^ in the papers when the retort came trying to obtain tor-ign exchange to cover fresh imports. ewittly: "The newspapers ire not selling my goods. st Satürday, it is reported, a jethetlands ship arrived here carry-A foreign merchant suggested that the importers might come to some ie 90,000 bags of sugar from Java. fum of money mounting io more than U.S2000. Representing the defendant, Dr. Pietro V. E. Terni

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

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