Every form of investment and, enterprise in Shanghai fs dependent, for its success or failure, upon the future of this city. It would be readily seen, therefore, that it is of vital interest to every businessman fo sound out and gauge what lies ahead, Should such reasoned and forward visioning show the' way to be dark or reveal it to. be bright, it could prove nothing but beneficial im either ease to be apprised of it, Hf the road leads to an impassable barrier, ignorance of it is a blissful evil, if, on the other hand, the track brings us to the promised and, then great-heartedly we should take' our present punishment, Tt ig the first function of manage ment to form a policy, and so each fof us who has roots in this unique metropolis must needs, more than ever before, now when everything seems to be tumbling about our ears, sense the true direction, Whither Shanghai? "No one can know this of a certainty, but it is possible to gauge, with more than mere speculation and guesswork, what is to be, The worst of chaotic conditions must resolve themselves {nally into orderly courses, As. to when that is to occur—the time element—it is also of prime importance,
Text read from the printed page and cleaned; old type leaves the occasional error.