Peace and Progress Everywhers but Business Poor aes Ove OWN Connesroxvest Canton, Jan, Notwithstanding the fact that Kuangtung enjoyed a yer of po feet pence, being free of warring factions, while robbers were driven from the settled communities, and the lines of communications were opened and made safe for transportation, the Kuangtung merchant has not prospered, One does not need to seek long to find the Reason for the stagnation of business: it is largely owing to increased taxation and the antieJapanese boycott that the Looks of so many shops show a Toss on the year's business, The stores that carry foreign goods. Eave suffered, of course, because of the heavy import duties they have pay on their cargoes, but thave high duties have alfeeted the sula of the higher quality gos more than others, Cheap articles of foreign ome mainly from Japs thoroughness with, Which' the Boycott Committee Hak done ite work hay almost stopped the importation of these awares, It" might be concluded. then, thit native manut.etories would have enjoyed a" Loum Wot it has been quite the contrary, Business depression has Wit all lines of industry even the farmer hax been a heavy loser, de to crop failures, The most optimistic businers man does not anticipate a change for the better for some tinto to conte, Thiv is a period of readjustment; the old is. passing away, anew China is risinye out of the ruins of the old, and yet there is a sad lack of capital for the development of new Industries, the establishment of, home manufactures, and the pur= thotisand and one things needed to make the transiis. becoming. casingly difficult. for the tty borrow mo very high interest rates, creasingly dificult for atu ouse to obtain credit,—Sine dinary shop ix undercup ite resources have been st the utmost during the months just past, and many Geen forced into bankruptey. ditors, at th tite, have shown an inclination to eek the aid the courts in colleetin thole debts rather than fo ask the mediation of their chambers of Commerce and hange, and hence hundreds of stores have been closed niders orders of exe property wold wt putblig a ernment Not to Blame There is as A difference between the present government and those that hav one before ax there is between day True, it hay had to he people heer: ave admitted freely that this it 80, but conditions. ha been such that to li financial burden Increase their suffering rather than essen it of the saoney the merchants have hud to pay "into the Tre has. been rise to build Gre public hist in the country districts, a widen city streets. Aw being erected in the subuch of Tongehan to give that community fa better water supply; an automatic telephone system is. being installed ion; modern moter buses been put into operation, furnishing an excellent passenger vice to all parts of this ety; the far cleaner than they 36; the Burcaa of Public hag done a great deal to the people alone the Tines ines and sanitation, Look from every possible angle, to-day is a far better city to live than awas The Rureat of Foreign Aswins Hrovinee of Kuary A very ered these past twelve
Text read from the printed page and cleaned; old type leaves the occasional error.