India Steamship Company Limited-Address of the Chairman, Sir A Ramaswami Mudaliar

October 4, 1969 Friends, I have attempted to give a fair account of the operations of the Company during the year, and the prospects for the coming year. I hope it has been a gratifying account, in spite of the unfavourable factors which are an unavoidable part of the total picture. 1 hope and trust and pray that we shall not be deterred by the difficulties but shall capitalise on the opportunities and I shall have a better account to give to you of the operations of the Company when we meet next.