The Real Problem the Editor of the "Noxta-Cuia Dany News"
Sm—May I congratulate you on the lexcelience of your Leader of to-day on. "Defeatism."
"The profound wisdom of the course you advocate puts to shame certain Terms of leadership that have a great going to-day, but such noisy success no safe guide as to its soundness im the long run, Trusting the fortunes of a nation to one leading mind, however saga-ery lelous, is certainly unsafe and relying res eto art decide whether 2 and 2 equals 4 or not.
"The last war has shown thet if the principle of arbitrament by forces Fesored to. and. uch principle: practied to its logical conclusion, world lauleide will ensue and "the paragon fof animals" will have to surrender his Lead. on this planet to a lowly [but more meek competitor "The problem then boils itself down whether there is enough wisdom ott, now after the last holocaust (La which so many of the best youthful Iminds were extinguished who would Ihave been In leadership now), to prevail against such, madness and foly.
Shanghai, May 29.
Text read from the printed page and cleaned; old type leaves the occasional error.