23 MARCH 1929, Page 46

THE PROBLEM REMAINS.

. However, it is understood that the company is endeavouring to discover some means by which. the issue .can be made on lines which adequately recognize the reasonable claims of American shareholders, and which at the same time -shall as far as may be possible preserve the eGmpany's policy of doing nothing to further the increased holding of its shares by those Outside the country. For quite Apart from the particular points which have 'arisen in-this -matter of the General' Eleetric-issue, the problem of the foreign acquisition of shares of import- ant English undertakings remains an embarassing one.

.• ARTHUR W. KIDDY.