General Chiang laid stress. on economic warfare, asserting that the success or failure in China's resistance lies in economies, which will share 70 per cent. and military affairs only 30 per cent. in the deci sive factors of the war.
"Public opinion is at present unduly apprehensive over "economic prob-Jems," he said. "According to my observations, China's economic posi ion does not give much cause, {or alarm. The only question is whether we can undergo hardships and saerifices, whether we can embark upon the phase of positive reconstruction "There are people who eritielze the work of the Kuomintang Party as being too loose," the Generalissimo went on. "Some even say that we have become corrupt and outdated. These eritictoms we should admit one accept. From today on, we should thoroughly review past mistakes and take steps to rectify them."
Text read from the printed page and cleaned; old type leaves the occasional error.