The Archive · 1926

Bad Times and Depression

Feb. 8.

The economic pressure is greater is year than we have ever seen and the poor are ing the pinch very much indeed. The people are depressed because of the unsettled state of the country which is affecting trade. The lame ducks wanting a helping hand over the stile are On Sunday the Rev. C. B. Day of the Hangchow Christian College was the preacher at our monthly! English service, and illustrated his, text by the Shanghai traffic signals. "Stop and Ca." It was necessary to stop sometimes, and rest, and get to know ourselves and the Saviour, and it was also imperative to go and work for Him and serve Him better.

'Our City is honoured by the presence of the Rev. D. E. Hoste, Director of the China Inland Mission, who is here' paying a shost} here, a8 officials are very reticent. Hi Jationg with the Hongko and the very smooth manner in which he has been able to pull along with the Japanese are per hhaps the basis of the rumours that Sir Charles will return to the Exe frame Orlent—not to Japan but to His Famous Library The library of Sir Charles Eliot, running into something like 3,500 volumes, has been purchased ' by the Tokyo Imperial University, which lost its entire library in the seismic fires that followed the earth. quake of 1923. The Tokyo Imperial University is said to have paid '¥.100,000 for Sir Charles' literary treasures, which consist almost entirely of works, both Oriental and Occidental, dealing with philosophy, The delivery of the books commenced on December 14 and was completed just before His Excellency left.

The acquisition of Sir Chan library goes a long way towards restoring to the Tokyo Imperial University the library it had before the earthquake, and Sir Charles has, at the same time, left behind in Japan a monument which will cause him to be long remembered.

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

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