Prof. Paquan 8, Hsu, dean of the University of Communications (Nanyang College), has returned to Shanghai after an'extended trip to Manchuria, where he made a brief study of ceonomie and industrial conditions in a dozen important AS a result of his visit, Prof. Heu believes that Manchuria is. a land of great promise for all younse men. Agricultural: conditions are excellent everywhere, the soil heirist 0 rich that no fertilizer is required for ten years of intensive cultivation. "Industries on a moderately large scale have, or are being, projected very rapidly and all industries fare well: the fact that Manchuria has a favourable trade balance every year is a comprehensive indication of prosperity. The only difieulty is the complex: currency system which, ho avers, may be remedied by appl lessons learnt fom without bringing about disturbances, As to railways, in which gubjoct he is an expert, Prof. xu says that many ate Well managed and efficient in accordance with sound principles, Railway star istles are compiled in detail and are readily-obtainable. Probably the most striking fact about them is that many of the railways take risks in shipping goods to contracted destinations "rather than allow thole owners to bear the risk 01 the railways on this side of Shanhaikuan.
Prof. Hsu was reluctant to make any definite remarks on the Chinese Eastern Railway owing to the absence of data, Ho has asked for details but none had yet been sup~ plied. He believed, however, that this railway was a great system and compared favourably with the best systems in the world and that. i€ it "were properly managed, it would be a treasure not only' to China but also to Japan, Burope and America. He did not consider the Sino-Russian dispute serious beeatise neither country can afford to carry on an enduring warfare without aggravating the sufferings of their people,
Text read from the printed page and cleaned; old type leaves the occasional error.