As regards the existing Chinese political chaos, we should remember that political strife and turmoil, with their concomitant dislocation of trade and business, are but incident to poli tical transitions. Looking at the Republic through the vaster and more detached perspective of world hhistors, I think we should congra-{ulate ourselves that the trade and business are no worse than they fare. The progress from lawlessness to order, from diversity to unity, must of necessity be slow and tedious, but is nevertheless, as I believe, discernible, There- are, T think, already hopeful signs that, at all events in the Province of Kuangtung, the political conditions are moving towards an equilibrium, to the untold benefit of its teeming Ihabitants. And, bringing our view even closer, T hope and trust that the restoration of friendly relations between Hongkong and Canton is bhut a prolate to an era of mutual understanding, mutual respect, stabil lity and prosperity in both places.
Text read from the printed page and cleaned; old type leaves the occasional error.