i
Jonamou to rouniad, Laromei, sunaidu
,bn xueo! æet Sɛ à 08 .ao?!
•
Copy.
Sir,
Enclosure 10
1o.
6.
Chinese General Chamber of Commerce
Hongkong,
3
16th September, 1925.
266
#112
a da tant goy arrotni od quomod adź ovad I
gemme aidt to sattiamo) Izzaqeð sið to galdeem
sen owt gatwe[[o] edi,zadnośças dias edi me bled
com èkunmand et nog iea of bus,bonnag exow amoli
- 3ŠKOMITOVou add oð asacetom piwutdooqaet zadmad) aldð tadt (1) yousl[oom sin of skuditærg havetong ati
ni alaioitto Toines add bus toatevou edi
end ni mwoda avad yodd ydtaqueys Jasry odt
JESTIC VOU Tot moititeq Tiedt le vedta
- East nốt rol kas ‚éɔastatsus Istogmati
even yedi doldu dê ku dodaqusb ban asen
ers mort 000,000,ča to naoi a betuɔSE
gút oveller of tasmrtevol' Latroqui
.yomszabıta Isionsait galðalm
pildidoæquer on is redmadu niɗð taɗT (5) - sit of abufitary qoob aði assaszg10 možnofou edt 101 odată to yzatoroeƐ a'ytanĮ Laoitoang bos Jueretal báli edi vot
yd gnoignon xot imoda sad od ɣáðaqiya
lo smol bise adź lo yairotqqa sono
•ynolod edž od 000,000,83
of wored edð svad I
་
„Jaevros Jasibeto wor
(ba)
♦idsu
3 cor-vodƐ wode #123
. I Lov
I have the honour to inform you that in view of the present exceptional stringency in the money market of the Colony, a representative meeting was held in this Chamber on Monday the 14th instant to consider the numerous requests received from various commercial guilds and the many merchants of the Colony to devise means to avoid a financial ruin which is now threatening the Colony. A resolution was unanimously passed to petition to the Government for the issuance of Treasury Bonds to relieve the suitation.
It was expressed at the meeting that since the Strike began the commerce of the Colony was affected to an enomous extent and concurrently a shortage was felt in
the money market. At first the aspect was viewed at as
a temporary effect on account of the strike and the
suffering of the people were but momentary. But as time
went on, things began to look more serious. Three months
have now elapsed and no indication of a settlement is yet
in sight. The alaming financial situation is gradually
assuming a serious aspect. The stagnation of trade and
commerce is going from bad to worse. Owners of property
and mercandise are experiencing tremendous difficulties
in obtaining mortgages to meet their obligations. depositors are pressing their bankers for withdrawal of
their deposits while demands on purchasers to take delivery
of their goods are as vivid as wild-fire. But so far,
owing to the money stringency, no solution is possible.
This is largely attributed to the many recent reports
concerning the auction of property and the increasing
bankruptcy of Business Houses.
Conditions
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