| Summary: |
In the face of increasing nationalist sentiments by 1930, particularly in the Szechuan [Sichuan] Province, it was decided to establish a new company to handle the Upper Yangtze trade. The company was registered in Hong Kong in March 1930 and was intended to be an Anglo-Chinese Company with a proportion of the shares held by Chinese, which were initially held by Taikoo compradores and employees but were designed for outsiders. Five steamers, WANHSIEN, WANLIU, WANTUNG, SUISHAN, SUITING, were sold by the China Navigation Company [CNCo] to the new company and CNCo through Butterfield & Swire were appointed as local agents at the ports where CNCo were already established. Little documentary evidence of the formation and running of this company remains in the archive, apart from the few files listed below the other references to it are mainly within the records of CNCo (JSSIII) and in the Shanghai Master File.
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