Champions Day is over with its triumphs and ig" disappointments. A" Champions pony. has fence again justified iis superiority with an foxeellent win which has accorded Radiant Mforn linest monopolist "privileges tothe, te. Somewhore in. Shanghai, or perhaps, farther fafteld, fortune has smiled on the holder of the Winning ticket which this year has approached the vicinity of those halcyon days when the Champions winner represented 'a goodly sized fortune and. relivement. The most. significant aspect of the day, however, as far as Shanghai concerned ig not the actual result; for there Will be racing wherever racing enthusiasts exist, Dut the Increased popularity shown in the mest" Ing as evidenced by the large crowd at the Shanghai Race Club on Wednesday "when Radiant. Morn" annexed "his fifth Champions. Racing has been on the wane for some years owing to. general depression followed. by political dimeulties. and. some of the meetings were nothings less than tragic' demonstrations fof communal despair when contrasted " with other days when everybody went to the Cham-plans meetings and enjoyed themselves without Seriously. interfering with the mercantile machinery of the port, Wednesday revealed a great change. Racegocrs of many decades were Breatly Impressed by the large and enthusiastic crowd which brought back memories of brighter fand happier days and stimulated hopes for the future. The "beautiful weather exercised. its subllo charm and the women visitors produced a dross display well in keeping with the {raditional standard, adding to the brightness of the day. The pessimist, mistaking the silver for the grey in the clouds over Shanghai, might remark that misery needs company and hence the crowd, but the optimistic view must prevail that. the life of the community Is receiving constant now stimulants from the challenge to survive, develop against dimeulties, and progress greater triumphs springing from the proud Nistory of this International city,
Text read from the printed page and cleaned; old type leaves the occasional error.