The report alludes to "a good deal of criticism in Chinese educational fireless of the Government's recon Struction work among the peasantry." The experts of the League of Nations are more encouraging and tke report Suggests that good work is being done for the resuscitation of cotton, tea and. silk.
The transformation to a, managed currency is described in detail and there 1s a useful table of the present standing of railway loans in which, British capital is" interested. The oral. balance outstanding on. these has dropped from £12,047,310 last year to £12,589,810 this year, and the annual service from "£1,270,702 to £1,215,287.
The expansion of _Chinese-built railways is also summarized. Tt is doubtful whether the significance of this expansion has yet been appreciated either In China or abroad as it deserves to be.
Text read from the printed page and cleaned; old type leaves the occasional error.