The Archive · 1927

Question of Land Ownership

The recent economic movements int Europe and Which is the centre for such agencies for South China and where and values have also increased at the same rate, systems are changing, and the chief: question before us is that of land ownership. For instance in Canton, what is the difference in the price fof land on the Long Dyke wince the carriage road was opened compared with that of 20 years ago? Agai what is the difference of the price of land on the Bund ut Shanghai compared with 80 yenrs no? We may say at least 10,000 times vent. Formerly land which might be bought ut one dollar per hundred square, fect now requires $10,000 to buy ict or instance land fon the Bund at Shanghai is worth several tens of thousands per acre and the same applies to the Long Dyke in Cunton, We see therefore that Chinese Jand has been affected by the economic situation in Europe and America, and the owners have become wealthy like the eapitaliste in Europe and America, The changes consequent on the development of economies are not merely seen in China, but were also formerly manifested in other countries. But fat the first, other countries did not take only afterwards when greater changes were evident too Into to make alterations, Our too Into to make alterations. Our Kuomintang is aware of this effect on land values and is prepared for rouble, therefore we must devise ome method of settling thix question,

Text read from the printed page and cleaned; old type leaves the occasional error.

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