"Our Sage sald:—/He who respects others: will himself be feel that, to secure the development for world trade, two conditions are essential. Firstly, one' must respect fall the rights and Interests of the other country, in order to. increase the friendly feeling among merchants of the various nations; secondly, one Faust abide by all the laws of the other country, in order to. maintain the commercial order of the various nations. "If things are deliberately made dificult for the other party and the trade laws and restrictions of th other country are. ignored, th development of, trade will be im possible.
'Ought to make a common effort to remove all' obstacles to inter national trade. The development of trade between Hongkong and Canton should: be. based on these. two prin ciples, Yam glad you and we take the same view."
Mr. Tseng Yang-tu sald:—tu recent years the world has suffered. from "an. acute " economic depression. To-day this depression still tightly grips many nations. I fin afraid, that,"'so far as" nations continue to seek only. selt-interests, not working for, mutual Benefit, no fatlfactory solution can be found for the. problem. 'The - trouble is. that everyone wants to sell, but nobody cares to buy. 1 feel that any assistance flven to China, In the form. of Individual -oF collective: investment, 'Mould be for mutual' benefit and should be to: enable' China to develop [productive industries, thereby increasing the purchasing power of the Chi-
Text read from the printed page and cleaned; old type leaves the occasional error.