China's Only Hope : An Appeal

Cover China's Only Hope : An Appeal
China's Only Hope : An Appeal
Zhidong Zhang
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♦The Viceroy has the idea that the members of a Parliament are drawn largely from the merchant class, and that these personally defray all the expenses in- curred in the prosecution of war.— Translator, Centralization of Power 57 Then it is said that under a republic the Chi- nese can establish mercantile companies and build factories. And what is to hinder them from doing this under the present Government ? There is no law to hinder the launching of such enterprises.
The truth is that the merc
...hants of China are skilled in trickery, and we have again and again cases where bogus shares have been put on the market to defraud people. If there were no official power to restrain and punish these evil-doers, the company alone would realize any profit; but where would the shareholders be ? Or if a manu- factory was started, and there were no official power to check the counterfeiting of trade-marks, or to quiet the brawls of the workmen, who would intervene ?
The same may be said about the establishment of schools.


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