We open ourselves to Montaigne's tount that a strong. memory it often Jomea toa" wesk Judgment. We re-Zotiet "the "protests over the. 30: failed: dumping In China of silver the world, the threats to abandon Silver as 'a currency were' that ontinae, the fulminations againat who were determined. for country. A perfectly argo upon the export o€ gold. was the result. And upon the beginning ota tendency for the movement. 10 fevers self there comes an outery {or an embargo thereon, an invitation {o suede. We quote below a set figures showing "that the. export of liver from China has been quite ins Slgniicant es compared to the huge imports of silver. s large quantity of which 4 at present unusable here any" banker will testify. The figures are in Haikwan tads ahd are taken, for the" yours 920 to eat from the China Year Book, for 1928- 1834 from the yearly and. monthly Returns "of the foreign "Trade. Chin Net balance of imports. of silver over exports of silver: vented a drop in the price of silver. It can therefore be said that the silver now going out of the country is in payment of imported goods over the past two years, It is obvious that only two-thirds of the silver now required which would have been required two years ago. The Chinese speculators "have therefore been right. The salient point is that they have saved that one-third to the corpus of Chinese economy. Despite the puerile outery, we have yet to learn that it is sinful to make a trade profit,
Text read from the printed page and cleaned; old type leaves the occasional error.