An interesting development of cooperation has been disclosed by a Chinese correspondent who has out ived in these columns the activities of a ce-operative society "for the establishment of department stores in various centres for the sale of native products. Thus the society has become the centre of a distribu: ton of the products of the country, and it is hoped by encouraging the principle of interdependence amongst the various producers and distributors that the strengthening of internal industries will be carried to a really successful stability. The endeavour eserves encouragement and supper, especially if those who are directing it realize the distinction between, Sdvocating the purchase of homemade goods and an aggressive polley of hostility to imported articles, not only in China that nations have found it impossible to reconcile rigid nationalism in economic affairs with the observance of normal principles of commercial enterprise, In other wolds, the protection of home industries' is a remedy which should be applied with the utmost discrimination. Otherwise i becom too drastic for the economic from' to endure,
Text read from the printed page and cleaned; old type leaves the occasional error.