Jones axe Ixousrey "The Influence Tuk, Fan East of Key Key Mincral Resources on the Development. of Foster Bain. With a Chapter' on Petro-by W. B. Heroy. Coanell on Foreign Rei This is a revised and enlarged edition of a work published by the same author in 1927. Mr.
Foster Bain has extensively revised the of the first edition and has fided 2 chapter of special interest ft the moment, dealing wit the moral resources of Manchuria and In the preface contributed by Edwin F, Gay, a member of the Council on Foreign Relations, it is explained that Mr. Foster Bai Work was undertaken as the first of by various authorities that the Far ast, judged by Western standards, was seriously deficient in some of the most important—minerals, especially iron, the basic metal of Western civilisation. Mr. Bain, former Chief of the United States Bureau of Mines, had already, with 'a well-equipped staff of experts, has inside hi In discussing fuels Mr. Bain appears to overlook one important factor, namely potential hydro-elec-trio Tesourees, in which neither China nor Japan is lacking. These may not be an efficient substitute for coking coal, but may, eventually, to some extent make up for the deficiency in steam-raising fuel. But there appears to be consider-fable doubt, even to-day, as to the extent of" China's coal reserves. Estimates are- most conflicting. They range from Drake's 996,612. mul tons to W. H. Wong's 25,435 mil tons, with intermediate' estimates {from C. ¥. Hsieh (217,626 tons) and 'Inouye (39,505 million tons). There is, however, general agreement that in "Iron, Cold Iron" which, as Kipling says, is "the for of them all," Eastern Asia is never likely to be' self-supporting.
Mr, Foster Bain's work is an interesting contribution to the study problem of the utmost importance to the economic life of the
Text read from the printed page and cleaned; old type leaves the occasional error.