The year just departed has been eventful one full of world-wide adversities, yet not without an increasing glow of bright hope. Tt is encouraging to note that the {acts and circumstances surrounding. the most intricate problem, which has taxed some of the great" est minds of the decade, are grade ally being appreciated in. their true perspective in Geneva, as well as elsewhere; and the atmosphere that is being restored augers well for a better and happier new year, Tam glad to realize also that other knotty international prob-ems are being slowly but_ steadily vunvavelled, one by one, For, in this world' of organism, "while no problem is quite independent, each 43 peculiar to itself; and those who are directly concerned are best situated and best qualified as well as duty bound to settle their own affairs giving due regard to the interests of the world at large.
T wish to assure the readers of the "North-China Herald that deeply interested peaceful inter-and in the Far East in particular which have constituted and wil constitute the cardinal principles of Japan's foreign. poli erely hope that the fences have contributed towards. the we and wisdom and that the sacvil has made, will not have made in vain, Sir John Brenan,
Text read from the printed page and cleaned; old type leaves the occasional error.