Local Business
Future  Bright,
. Moody
. An indication of. genuine
optimism, regarding Shanghai's
future is visibly and volubly expressed by the firm of Mark L.
Moody, Fed. Inc., U.S.A, and its
President and General Manager,
Mark L. Moody, with the confirmation that the firm has' just
consummated a deal involving the
purchase of the large showroom
and service' garage which cover
more 'than three mow at 640
Avenue Foch, and formerly known
as the Harking Motors.
"We believe in Shanghai and
Shanghai's future," stated Mark
L. Moody, ■ when , confirming the
purchase and explaining his
Company's expansion plan.. "'We
have watched Shanghai's growth
for the last twenty years and
know something of the city's
'growing pains.' It has passed
through many painful periods and
invariably emerged to enter jato"
an era of greater development-
Shanghai i& again at a difficult
stage in its life, probably its most
difficult stage. I might say that
it might be considered to be in
its adolescent stage and- destined
in the not very distant future to
be recognized by the world powers
as no longer a fledgling but as
one of the largest and most important cities of trie world and
treated as such, as. Shanghai is
coming more' and more to be
considered as a pivotal point in
the *"^ *?ast as .well as the gate-
-^al  hundred--millions
of people and a vast amount of
world commerce.
"The world has become quite
'Shanghai-conscious' in the last
two years and the world powers
may foe depended upon, I am sure,
to see that Shanghai's future will
not be impaired but instead^ afforded added security and impetus
as an outcome of the present
giowing pains.' The trend of the
policies of world powers toward
Shanghai is becoming more
evident from day to day, and we
are confident that ultimately
Shanghai will enjoy a status
which will ensure her future and
increased prosperity, and justify
the unconquerable spirit which
Shanghai has always exhibited in
her adversities and which have
proven her great recuperative
■powers and importance as one of
the greatest cities in the world."
Speaking of the physical aspect
of the Moocjy company's purchase.
which is one of the larger real
estate transactions of recent
weeks, Mr. Moody said, "The
purchase and renovation of the
property involves something over
&ieo?C'00 and will result in the
Shanghai motoring public having
another firstclass automotive organization at its disposal in the
near   future.
In conclusion Mr. Moody stated
that a more interesting announcement would be forthcoming in a
month or so.