Tue tendency to excessive competition, induced by the opening of the Suez Canal, is exhibiting itself in many forms. We spoke, aehort time ago, of the alteration it was already effecting in the mode of doing business at Shanghai, and how it was likely, in the long ran, to cause, to acertain extent, a social re-volation. The want of sailing vessels and the withdrawal of their crews, and with them of those classes on shore who have immediately depended on them, was one of the changes to which Shanghai should be prepared to submit. How seriously this affects the condition of the port, even within the fow mouths that the Canal has been open, may be judged from the report of the Sailors' Home. The necessity of practising economy, forced on theagonts
Text read from the printed page and cleaned; old type leaves the occasional error.