Viewed from the Peking angle [Canton's readiney to resume trade Jon her own terms is no conclusive proof of her good will, of any atfection for the foreigner, or any shandonment of her Red affiliations. treaties could be broken in China with perfect impunity, it would mean a lot to the Red agitator, whose first nnd foremost concern ito wreck the Occident's economic establishment in thi part. of. the world, and a brief revival of Hongkong's former prosperity would" not: interfere greatly with his, program. me in China if China's' various rulers took the Canton suggestion and commenced "denouncing the treaties in a big way. An opportunity to restive trade would also take the southern Chinese merchant's mind off of political affairs for a time and relieve the strain of native hostility ito the Red regime. The Canton Government may want peace with Hongkong and revived trade rela~ tions with foreign merchants for this Intter reason and also because Canton herself needs money. The prospect of getting her own Custom, Revenue alone would account for an amiable bearing behind which there was no veal amiability.
Text read from the printed page and cleaned; old type leaves the occasional error.