To come to-some conclusion, in a summing-up of po! ies for and against Shanghai real estate's future position, the following considerations mpy be borne in mind:—ectual
and the probability of ousting the warfare is no rore at our doors Japanese conquerors from this city reay be theoretically possible but practically highly improbable, for at least a long time to come. There are, however, real possibilities df a stalemate, between the two nations at conflict.
Rehltors may also seek comfort in the knowledge that, whatever may be the extremes to which the political pendulum may swing, there is an ample supply of forces in Opposition to one another to bring about equilibrium, The present usefulness of teal estate exchanges itself for an easy, good yield, which favours a strengthening and amplification of this of investment. from a world point of view. People who are here cannot live more cheaply abroad and some people abroad would seek this city's mic advantage in this respect. With regard to Chíhese currency, there is, in our opinion, @ great like; li hood of its depreciating more and more, notwithstanding the feeble come-backs now and then. If sterling cannot hold up its head as against gold, how much less will Chinese currency be able to do so?
Then there is the agricultural-mindedness of the Chinese who love real estate for itself, which, if unencumbered, is so clean, simple and uncomplicated to hold, from their point of view.
Text read from the printed page and cleaned; old type leaves the occasional error.