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42 <;ENEUAL REVIEW OF THE YEAkfactories, egg-product plants, etc., were all affected favourably by the European War conditions making for increaseddemands abroad in some cases For the products of some ofthe mills and in other cases increased demands at home,Unfortunately, China is at present far from being anindustrial nation. Her factories are few so that she is hardlyin a position to manufacture for herself many of the inaiuifa.cturedproducts supplied by the West. Rapid strideswere, however, being made in industrial pursuits underthe impetus of the European War and the anti-Japaneseboycott.Q., rUnfortunately, at a time when the countryseemed to be on the eve of a larger development and a greater prosperity in economic and commercialactivity, she became involved in a civil war arising outof the question of the proposed reversion to a monarchical form of government. Although, as a result of protestsfrom the South, the monarchy movement was cancelled,yet peace and order have live months thereafter (May,1916) not been restored. Trade and industry have beenaffected adversely by this struggle. The GovernmentTreasury has, as a result, been almost depleted. PoorChina has, during the past twenty years, suffered one calamity after another. The Chino-Japanese War. the Boxertroubles, the llusso-Japanese W;ir, the rubber speculationcatastrophe, the Revolution, the Rebellion, the presentEuropean War. the Japanese demands and now anotherrevolution: each of these events in turn has taxed the tradeand prosperity of the country. It is to be hoped that thepresent struggle will clear the atmosphere arid pave the wayfor the inauguration of a condition which will afford theindustrious, peace-loving Chinese nation an opportunity ofdeveloping the marvelously rich resources which this country possesses. The resiliency of the Chinese people hasbecome proverbialṠomehave expressed themselves as appre-<Industriai De- h(msive lest ( llina ^ with all extensive industrialvelopment and . ,. ,.Foreign Trade development, become independent oi foreigntrade. Will it supply its own wants ? Willit endanger the industrial development of the West by

AND COIMiAIKlU IAL CONDITIONS IN CHINA 43encroaching on the trade opportunities now open to theWest ? Economic progress and industrial developmentmean increase in wages and a consequent rise in the standards of living. \Ye, who are familiar with life in Shanghai,Hongkong, and Singapore where thousands of prosperous,wealthy Chinese reside, have noticed the rise in the standardof life among these people. The luxuries of the Westmultiply iu the wants of the Chinese in proportion to theirprosperity. All that foreign nations do toward assisting inthe organization of an industrial China will go towardmultiplying the wants of those people and increasing thepurchasing power necessary to the supplying of these wants.Thus, the West has to rejoice with China in that which willhelp to develop among her people a strong, independent,industrial nation. Although the year :i!)15 has been astormy one for the Chinese people, yet it is not without itsrainbow of bright hope for the future, not only for itselfbut for the rest of the world as well.

42 <;ENEUAL REVIEW OF THE YEAkfactories, egg-product plants, etc., were all affected favourably by the European War conditions making for increaseddemands abroad in some cases For the products of some ofthe mills and in other cases increased demands at home,Unfortunately, China is at present far from being anindustrial nation. Her factories are few so that she is hardlyin a position to manufacture for herself many of the inaiuifa.cturedproducts supplied by the West. Rapid strideswere, however, being made in industrial pursuits underthe impetus of the European War and the anti-Japaneseboycott.Q., rUnfortunately, at a time when the countryseemed to be on the eve of a larger development and a greater prosperity in economic and commercialactivity, she became involved in a civil war arising outof the question of the proposed reversion to a monarchical form of government. Although, as a result of protestsfrom the South, the monarchy movement was cancelled,yet peace and order have live months thereafter (May,1916) not been restored. Trade and industry have beenaffected adversely by this struggle. The GovernmentTreasury has, as a result, been almost depleted. PoorChina has, during the past twenty years, suffered one calamity after another. The Chino-Japanese War. the Boxertroubles, the llusso-Japanese W;ir, the rubber speculationcatastrophe, the Revolution, the Rebellion, the presentEuropean War. the Japanese demands and now anotherrevolution: each of these events in turn has taxed the tradeand prosperity of the country. It is to be hoped that thepresent struggle will clear the atmosphere arid pave the wayfor the inauguration of a condition which will afford theindustrious, peace-loving Chinese nation an opportunity ofdeveloping the marvelously rich resources which this country possesses. The resiliency of the Chinese people hasbecome proverbialṠomehave expressed themselves as appre-<Industriai De- h(msive lest ( llina ^ with all extensive industrialvelopment and . ,. ,.Foreign Trade development, become independent oi foreigntrade. Will it supply its own wants ? Willit endanger the industrial development of the West by

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