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were finally found to be without grounds. President Li Yuan-hung, who had issued the above-mentioned mandate at the suggestion of Kao En-hung, issued another mandate in February 1923 following the downfall of Kao Er-hung cancelling the former one and Mr. Fu recovered his original standing again. Mr. Fu holds the following positions:--director and general manager of the Commercial Bank of China, Ltd; director and member of the Arbitration Committee of the Chinese General Chamber of Commerce, Shanghai; director of the Ningpo Commercial Bank, Ltd; director of the Chung: Hua Commercial & Savings Bank, Ltd; managing director and manager of properties of the China Merchants' Steam Navigation Co. Ltd; general manager of the Inland Steam Launch Co; manager of the C. M. Inland Engine Works; director of the Han Yeh Ping Iron & Coal Co., Ltd; chairman of the association of shareholders of the Han Yen Ping Iron & Coal Co; director of the Shanghai Native Waterworks Co; director of the Lungchang Paper Mills; director of the Wah Shing Fire & Marine Insurance Co. Ltd; director of the Tai Lai Flour Mills; direotor of the Credit Franco-Chinois; director of the Nicholas Tsu Engineering Works; and director of the Sino-French Navigation Co., etc. In public life also, Mr. Fu is extremely active. He is a generous giver and not an appeal reaches him without meeting with a satisfactory response. The many public activities with which he is identified are: The Chinese-Foreign Famine Relief Committee (of which Mr. Fu is treasurer) and the Ningpo Asscciation (of which he is vice-chairman) etc., claim not a little of the time of this busy man. Mr. Fu has been awarded the following decorations: 4th Class Paokuang Chiaho, February 1919; 2nd Class Chiaho, March 1919; 2nd Class Tashou Chiaho, September 1919; 5th Class Wenfu, May 1921; 2nd Class Tashou Paokuang Chiaho, June 1921; 3rd Class Wenfu, May 1923.