Members of the Manila Stock Exchange solemnly met last week to consider ways to start over. As they sadly scanned the charred and blasted city, they knew they were starting from scratch.
The City. In Manila's modern business district only two buildings were undamaged, and these had been looted of their plumbing. The few other partially damaged buildings might be used for business purposes during good weather, but not during the rainy season, when the rain and dampness would spill through their burned-out façades.
Until the Manila Electric Co. plants could be rebuilt,...
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