"His carly literary ability indeed marked him out' for a distinguished career. During his early days he passed the highest literary examination in China, and secured the most distinguished degree we have, namoly'of Hanlin, This is very much harder "degree to: obtain than any of the degrees our: modern students secure. abroad, and those who know our old examination system will realize both the strenuous efforts he must have made and his brilliant ability in performing such a task, "He is a man well known as pos sessing both old and modern knowledge, while I have already alluded to his wide experience in the dif-front. "departments of Govern-mont Administration. His achievee ments both in. ancial and economic enterprises have won for him great fame, and he has among our countrymen acquired the mick:
fame. of "God of Wealth,' Let me, Thowever, in saying this, make i perfectly clear that he himself is Rot. a wealthy man. "He acquired His plckname" by hie ily "and by the distinguished services
country. In short, his successes are has ever rendered to the be sought not in his own per-tonal position" to-day but in the records of a grateful nation." We should be proad of him and China {s fortunate in. possessing him. Tt fig specially, fortunate because' our country possesses unlimited resources - which are awaiting! development. Such development. may need capital, but it-also needs: men.of ability to use it, and in Mr. Liang you find an ideal' statesman, Diplomat_and Business. Man.
"There are with us a number of Gnaneiers and. business. men. who interested in China, -f came {into this country as a diplomatist, but Tam rapidly beginning to) believe that I am more properly a business man, for I am always preaching the commercial poten. tilities of China in a way which perhaps will make some people: Togard me as a sort of Publicity Agent in- Advance, Still, I have Jalways felt on very safe ground. T have met many people who la. ment the temporary unrest in our country owing to its effect on trade, but I have never yet met: anyone who did not realize, that, ven suitable conditions, therd-was immense field for commercial fand economic development in my native land." spending, Mr. Liang Shih-ered the following address; though as he does not speak English it was read for him and it was very well received and considerably applaud Mr. Chairmay gentlemen, and my' young friends: who are to guide the des our country. I have always most attached to the younger element, especially those who are! cultivated and educated selves; therefore it has giv ferent pleasure to receive on very first day of my arrival! in England an invitation to dinner from your Union, Knowledge is You asked me to Wye you some advice as to your studies and future careers, I was eduented in an old school and T must confess Lhave never had a modern training, therefore T cannot presume to. give you any advice on your: individual studies. But during the 30 odd years of my public life, I have learnt to realize that knowledge plays a very important part in every walk of life and it] fx upon knowledge, not luck, that] our success depends. Our ancients had the same idea when they considered that to learn how to govern.
state one must start from the investigation of things. I am not trying to give a lecture on education tonight, but only wish to express an. opinion which I have formed after my own experience, "How is it that we with a population of 400,000,000 people, larger than any other country has, have not yet been able to keep pace with other great Powers? The! answer is, T think, that we are still somewhat behind in scientific rather than was a military" maxim among our Ancionts, and is in: my: opinion a maxim that my country fand students should remember. the: present world being only a inge battlefield.
Text read from the printed page and cleaned; old type leaves the occasional error.