The Archive · 1928

Business Men (or Recognizing

In @ survey of opinion on this subject, which T have made since the calling of the economic find a clear-cut clivis opinion. The bankers, merchants to pay thems; while the poll draw line between good trid bed loans, between such Joana fas" have not' partieslarly helped their enemies. and those that have. In this discussion, no attention will be paid to the opinions of the politicians, because they are really of importance, if the middle class China wil' assert their rights, for they. are the people. who" put the money or eatblished. the credits, The bankers and merchants know perfecty well that a Chinese and could not" be aald" on any} money market of the world to-day They say 20 in all their conversa: tion, There are several reasons, mong the most important being the detusiting or irregular -payments on several Chinese. issuer; the objection to funds taised abroad, being used for the purpose of civil wart the. insecurity. which comes From uncertain tenure in office of Government; the unepresentative character of the Goverament, hich "is sell appointed, he ving ome into power by. revolutionary} tmeana and the possibility that Tighe be tarned out by Rimilar means; and lastly, the uncertainty that fonds raised by foreign loans vill be expended not for the pure pose for which the money is lent Tots that "they will be wasted in the individual extravagances, of military "and. civil oficals,. thus Teaving the loan without the' seeurity upon which it fs based

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

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