The idiom for a lunar eclipse is: “The moon has suffered a deficit,”
but the other expression of the Chinese astronomers: “All round
again”, indicates that losses have been underwritten and solvency
reestablished! May the international financial astrologers in and out
of China soon bring in this happy state. Then a “cycle of Cathay” will
be as good as any other cycle, despite Tennyson’s dictum, and this will
redound to the good of every nation, particularly America and Britain.
V
BUSINESS METHODS OF FOREIGNERS IN CHINA
The British national board of trade, partly on the advice in Admiral
Lord Beresford’s book, has appointed commercial attachés separate
from the diplomatic and consular bodies to work as specialists and
free lances in China. In contrast with the diplomatic and consular
departments, they are free to use the helpful publicity of the home
newspapers in order to correct and create interest. Canada in a small
way has followed Britain’s example. A consular officer is fixed to his
post on account of his daily relationship with shipping, courts, visits
of nationals, emigration and health inspection. A commercial attaché
has more of a roving and special commission, and it is important in
the nature of his office that his advice should be followed promptly
in China and at home. He is in a position to strike quickly and bring
trade to his flag. He is not necessarily that loathsome being which
flourished in China previous to the Russo-Japanese War, a concession
hunter and a looter of weak countries. His aim is to strengthen weak
countries, as he knows that only a rich and contented people can trade
richly with his flag. The more he is of a scholar, gentleman and
Christian the better, for such a person in the long run makes an ideal
trader and patriot, as the American reformers are insisting. He should
be a statistician, an economist, and also an idealist, so that he may
be able to formulate a policy amid the present confused conditions. He
is not in any sense a historian, for he is not to follow his country.
He is to lead it, and, moreover, he must also sympathize with the
Chinese point of view to a sufficient degree.
Public-domain text, read in full here on John Shaqi.
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