miration now generally accorded to tion from the viewpoint of the foreign "diplomas." The existence creditor nations. The remission of of this standard of social respect: the Indemnity has been commonly hag led many ambitious students to preached on the ground that the aspire after the honour. Such in-! education of Chinese students in \deed has been the degree of ardour|Great Britain would increase her with which the title of "returned|trade in China, inasmuch 4 student" is adored and worshipped students who returned from England by Young China that, it is said,|would naturally place orders for when a certain industrial corpora-commercial goods and industrial tion was denounced by the vigilant machinery with the country they students as having sought the aid|know most. But the argument i¢ of Japanese capital, the former im- only superficial. In economic. com-mediately offered a number of! petition, the mighty dollar will scholarships for students studying always prevail in the face of good-in Europe and America, thus effec- will. Another argument—that
paration of the scandal. Without'in principle but the friendship tively preventing the further pro-j international friendship—is sounder
Text read from the printed page and cleaned; old type leaves the occasional error.