To the Eiitor of the "'Nonri-Cniwa Datwy News"
Smm—Much 49 the contributions to your tenders" columns often ce Tia "stimulating ideas and thong provoking arguments which me Participation, "the writer fs ike probably: many of your subscribers ihe enor apore the time regularly {ogo through the whole of Your IMecFesting papery and: particularly the entertaining "readers" columns, five Tess taking part in the oise Sorwhen your, correspondent, Junius." bla writer for. sen the doing either a "leisurely reader, of your journal," or one whose "feeling. of indignant 'a long time to rise to he is wrong both assump My' letter of last week to which "gunius™ penned an amosing Teply and Which you youtselt deemed Troptiate te how wth an eter frat prompted by. what apy 3 the faulty technique adopted. by "Junius" in his argument against the Chinese Government's raufi Aion of the: London Silver Agree: ment.
When one asserts that the world is facing imminent extinction, he does not lend any" weight to' the flnim'by going on to say that the toon is made of green cheese. Both fare natertions that need to he proved by "evidences So. "when "Junius' adares that China's ratiSeation of the "silver" pact" jeopa Scconomie. ud Bnaneial being," he does not prove arguing that high silver pr not necessarily benefit Chit decided Wariance of pinion among real experts regarding. 1 ect upon China of an American boost of iver prices, It may be said that fon this subject, as some one has written, "if all the economists in the world were Inid end to end, they would ha conclusion. I's like ea many other theories Thich cannot "Be definitely When the smoke clears. ava langibly proven by vert
ang' "Junius may wrong-—something not to. be sur your opponents
Ponderables. prised at when you debate on im-
Meanwhile, I note with some Jamusement, that in declaring that Dr. Kung has been unfortunate in his. public pronouncements "Junius" was not stating fact, bat only expressing a personal, opinion. He thinks Dr. Kung was "unfortunate opining that high silver prices may tot' injure China, He thinks that
tunate" in playing the Part of the Fipance Minister was "untor-"bond salesman tipping "aft the market from time. to time."
Te is rather unfortunate that he thinks the "general conception of the office of Minister of Finance frowns pep. the incumbent who attends to the business of protecting the financial position, of the Government. Perl "Junius" also thinks the "general conception" requires the Minister of Finance to fanate""i the dace not agree with "Junius" and the sRerth-China Daily Nowa". "on all theories of monetary economics.
Shanghai, Mar. 12.
The Relevant Issue To the Editor of the "Sonen-CHINA Datty News"
have read with enjoyment se" letter of March 12, but
Text read from the printed page and cleaned; old type leaves the occasional error.