The war unsettled everything. For long China had been inclined to look upon a foreign loan as the last refuge; now that the loan was impossible she set to work in a new manner, for the fret time in twenty years. Circumstances impressed upon her the necessity for self help; and all impartial observers must admit that the Government has done wonderfully well in the circumstances. No doubt an unexpectedly large increase in the salt revenue—due exclusively to the resourceful methods of Sir Richard Dane—came as a Godsend in these hard times, A revenue of $42,000,- 000 was altogether unexpected, as Sir Richard Dane's estimate of 835,000,000 for the year had been considered by many too ontimiat
Text read from the printed page and cleaned; old type leaves the occasional error.