'A Study in Technique the Editor of the "Nonru-Cutna Dany New:
Su;—Soulless. profiteering over the letting of houses, with the eviction of settled tenants on scant notice, is Jo ramp to be expected in these overcrowded times, with rich refugees dangling the temptation that smells Rot when deposited in respectable coffers, for, after all, unscrupulous profiteering differs from good business only in the point of view.
Even so, odium may attach to a sensitive conscience Involved in such an unsavoury piece of business, and of course, one must exercise common prudence' to evade this. For the respectable a suitable technique is to have a reputedly arch scheming ner lurking "in the shadows; he, being unburdened by social poise, Drances light-heartedly along, shouldering all blame, while both, of course foregather, as good business associates should, in a suitable place in this jungle, to share the swag.
Shanghai, Aug. 27.
Text read from the printed page and cleaned; old type leaves the occasional error.