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113

Enclo. No. 2.

Enclo. No. 3.

32701B/28

The

Marshal Li Chai-sum and General Chan Ming-shu.

former was absent in Wuchow, but General Chan was

present and delivered an address on the co-operation

of Labour and Capital. The gathering was purely a

social one and no reference to political issues was

made.

9.

I enclose a copy of the Press report of

speeches delivered at the Annual Meeting of Share-

holders of the Hong Kong and Shanghai Banking Corporation which afford an interesting summary of

the position today with regard to trade,

10. I enclose also an abstract of a speech

recently delivered by Mr. Wu Han-man (Hu Han-min),

Chairman of the Legislative Yuan of the Central Government, concerning whom please see paragraph 2 of Mr. Southorn's Secret despatch of 11th September,

1928. This speech was delivered by Mr. Wu in his

capacity as a member of the Kuomintang, and not as

an official, and the sentiments expressed are in accordance with the views held by the late Dr. Sun

Yat-sen. Dr. Sun held that the misfortunes of

China were directly due to her treaties with foreigners and in particular to the tariff agreements, by which China was prohibited from imposing protective duties. China, he considered, had been so impoverished in consequence that her people had no option but to go abroad, where they were exploited by foreigners.

Dr. Sun went even further than his follower Mr. Wu

does on this occasion by maintaining that Burma, Malaya and the Netherland Indies have been and should

again be Chinese possessions and it is, no doubt, with

this ideal in view that the Chinese endeavour through

the

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