"If one dares to face realities,"
ig said, "one must admit we are in a worse situation to-lay than ever before in so far world peace ix concerned, The great po were are now arming as_ they! ha ye mot done since 1914. Nations is rampant and the world econ:
tion, no less than political, freight toward war." opinion the new in all probability t, that is, ween Japan and Soviet Russia. "It secret," continued "Mr. Liang, "that both Japan and Russia are, preparing thas bon Tapes buildin feverish speed 1 the same thing steadily moving her mai forees toward the frontier and transferring her. War. industries close to the maritime provinces.
Text read from the printed page and cleaned; old type leaves the occasional error.