The Archive · 1941

Bubbling Well Road Deal

A Chinese syndicate, it was revealed yesterday recently bought the vacant "piece of land on Bubbling Well Road next to the Dah Lai Swim, ming Poo}, comprising fourteen, and 'A quarter mow for a price of £35,000.

The Avenue Edward VIE property which was sold for $1,800,000 fs an eight-storeyed building which houses the "Shanghai Times" and the "China Press," the former having been there for more than ten years. The offices of the "China Weekly Review" and [several Chinese newspapers and news agencies are located In the building Which are known to many as the "Newspaper Building." It will be recalled that the "Shanghai Times" was tone of the first to occupy the building after its construction more than ten years ago. commentator and adviser of the For~ eign Office, Apparently the Japanese were indignant at a section which dealt with Col. Hashimoto's organization of a group of radicals who were planning, is alleged, the dethronement of the Emperor. The local Japanese, ac~ cording io Mr. Powell, regarded this fas an insult to the Emperor, but Mr. Poweld denied having any intention to insult EM. Emperor Hirohito.

Last Saturday's issue is being sold as Usual,

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

Your account