prepared by Majar Hilton Johnson, Commissioner
General of the Shanghai Municipal Council, 127
in
consultation with «me prominent Chinese officials and with Colonel Steward, British Military Attaché at Peking, for the information of
the Shanghai Chamber of Commerce, in view of the critical situation which may arise in the event of the continued advance of the Cantonese forces dom the Yangtsze.
3. I particularly invite your attention to the passage in this appreciation in which Major Johnson, after referring to "the immense pro- Southern feeling in Shanghai", points out that "the Nationalist movement as awholw, of which the Cantonese are the militant champions at this time, is aimed equally at the treaty privileges of all foreigners without distinction as to country of
origin. What the Nationalists might endeavour to do here is indicated to some extent by what
they have already done in Canton, Hunan and Hupeh
where, according to latest reports, condition
are gradually becoming worse. What they actually
plan to do, according to my informant, is to
bring about a complete paralysis of local trade
and industry. This is to be accomplished by
intensive picketing, boycotta and strikes mong all
classes of labour, in the expectation that in due time the foreigners will be reduced to a frame of mind in which they will come to realize the
unprofitablenes
S