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Low qqwrl bloc eva kuona ewyaq for klupo ew werd ew bra to eonadqeose erd need bad di ti aa yitosxe etiquet e tol sbrown onialam ni bəbescore woy tadt begod ed of si JI .lnad a yď ni (ammā sitais-œuf) .8.A.A edt mot sorryba me to kad edt driw eyburg a used Jon Liw meet Jærkt oz beymtie I dɔidesiatneit sruto zelimia a to niston swtui al .redjam sidd ai au duniage -Aldo dova Ils enwcoed,bebiova eď ylince mo di un „12000 blucda 18 bng Reomatquo on an Itoare sevlenmedi al dðiw 3 lesk eza enoit-
.Mood-IIid edd ni beredne
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es qquix of ti ovaoi yismebitnoo blues av marit mont moiðrdrenerger edit warbild kw od bezlarradab bad yodi zedjadw **w Tiuld ɛi di anind I dung yu rớt „Jarid enigmat ylbraní co I :w dorit es2 .anoitibnoo toandnoo ven to list won neusă ai siqonq "ne two good au jei juď swoixas smooed od neviento wolls Jon ob of Teứno ni Tay a tot benogtsog eď IIkw nolaiseb edt menu Erus «qu -ed vilaer nował ni yboden toɑ .nnid al tuo muit ægrint wod sos Jelo a .0 hrs attwelve? Zuodtkw agaciam cuo yedd Jadt zoveif- bed on deiw qu Juq ; luoda Jud yiroqong zerfecto Joubnoo erolerend need and mozeɔ doliw egnide add Jærið bait I „neesi mont trendsend jneðari.dtbl edt to rewans you ni -zat voð dedresson og pledal aniof de idw adapton bednariawns and of berroter evad I awol tuded edt er obujitja .dt buyer sela I .woy od zadtel ='qqrX ai benistno era Viev sa (1ɗtë redoto0 to raddal vimeid of ynibsema) #qqutX to kiv mi „yrested anlamli riid en dzezedni to moitaaup edt ni mem -re wo ja videowwsexy) 000,DS .M to sitơng #ndre ra asdam qqX en Jans o8 (ylzistnu on esenidü add Jaexć do neo we oɔnis „banoq- Testo tus mơi? tebro exit to dissoma elody add no munna rog 28 selam ob Jorumo I vistaruszolni .beoniq saw rebro edt didw no yeb saj „di od bangga yboerle asṁ gudusi 101 ‚rajtam virð ni gaidtyns at. an jud neună cati dos of znianized omin si tund
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Son has dirige exou weda Juum om qquili obraget så
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374
which has brought about the present money difficulty and we under-
-stood that principally in Krup's interests we must do the other
business in order that Krup may still keep in. In order not to
lose the chance of Yiut-Chang's big ardar for guns, we must sell
him the 40.000 rifles at μ 188 through which we shall be in a
pretty meas; it was purely for the sake of Krupp that we did the
railway business in inhui and Kianku in excess of our financial
resources; and against this we still have unsettled demands for Tle.
385,000 in order to sell for Krupp a battery of field guns: the
Nanking loan, in which we are interested to the extent of 1.460,000 and for the rest runs the 'delcredire' (?) (at least for Krupp's
share) to say nothing of small accounts e.g. powder for the Kiangsu
arsenal which has not paid a cent, for which Krupp always receives
cash from us. And what thanks do we get for it ? Only harsh traat-
-ment from Krupps (who for 1911 again distributes 11% dividend and
gives the trifle of M. 14,000,000 to their workers) and a deduction
of M. 20,000 interest, with the argument that you had not noticed it and now they do us out of 8% interest on financial business and
also about 7% commission.
As regards the letter to the D.A.B. (Deutsch
Asiatische Bank) which I did not mention I have already dealt with
that. Should we not lose all rest for this ↑
Rosenbaum,
(manager of Carlowits & Co. in Shanghai.)
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