Now, the question whether Si hai has a great future or not depends simply on whether this city fünction or'service to perform in the affairs of the world, specially in this hemisphere.
Originating as one of several points of contáct.between foreigners and Chinese, Shanghai has grown, on the merit of its sheer usefulness, to a place of leading importance, Time and again, the force of political movements seemed to divert some of the cumulative strength of Shanghai to other locales, as recently instanced in the sudden rise of Nanking under the ægis of the Kuomigtang. In the past, China's centr he three-in-one of Hankow-W anyang or the Wuhan—throbbed as the economic, riverine heart of China. pounding its life-giving force in all directions: waterway a the by buffetings of outer circumstance, and, in the simple words of one of the most precious pieces of writing in the world, "the rain descended, and the floods came, and the winds blew and beat upon that house; and it fell not: for it was founded upon a rock."
The supreme and unique quality of it all was that marvellous ce-operation of diverse nations each bringing in its quota of wisdom.and virtue and kill and cancelling out each other's errors, weaknesses and sins, summed up into a politico-economic usefulness unparalleled in eastern As On the stability and temper of this extraordinary ce-operation much of Shanghai's future depends. In this Imperial Britain, ster of dnefourth of e earth'
oice places, played, without ostentution, the major role. In that sense it was a Pax Britannica, with itë supreme ad ative skill fetched from a wealth of experience.
Text read from the printed page and cleaned; old type leaves the occasional error.