T now wish to say something of the boycott and of a misconception regarding it to which my attention has been drawn. I see alleged in writings which reach a large publi, that the Treaties are responsible for the boyestt from which we suffered, T believe that to be a profound mistake. That the Chinese merchant classes wish, in common with other classes, for the Treaties to be revised, there is no doubt, but the boyestt was not, engineered by them. They are probably keen sufferers directly and indirectly by all that has been Drought, about. Their ce-operation the boycott has been the result of terrorism.
'The boycott originated with students whose interest in, knowledge of and dependence on, commerce is negligible—from students instigated, organized, and, to a considerable extent, financed' by Russians. To ignore that fact is to misread the present situation in China, in which terrorism finds a scope, and plays a role, extremely] ifieult for people in England to realise. People in England are ae. customed to constitutional and legal security which are non-existent in China, They do not appreciate the
Text read from the printed page and cleaned; old type leaves the occasional error.