The Shanghai Municipal Council (SMC) was founded on 11 July 1854 by a group of Western businessmen to govern the daily operation and infrastructure of the Shanghai International Settlement. By the mid-1880s, the Council had become a practical monopoly over the city's businesses. The SMC was dissolved on December 17, 1943. As the official organ of the Shanghai Municipal Council, The Municipal Gazette was established in 1908 and ceased publication in 1942. Published every Friday, the Gazette publishes notifications, departmental reports, letters from readers, minutes of Council meetings, municipal budget, monthly summary of revenue, financial statements on income and expenditures, policies and orders formulated by the council. This is a complete collection of the Gazette, containing all 35 volumes.