The
Chinese knows that his country, the natural resources of the country and
the people, will allow him to do things on a scale which will by and by
completely overbalance the doings of countries less favored by Nature
than his own. He knows that when properly developed his country will be
one of the richest in the world, yet even when he is filled with such
ideas he is just as cunctative as he has ever been. He has the idea that
he should not commence to exhaust the wealth of his country before it is
absolutely necessary.
Above all, he has now made up his mind that he himself, unaided by the
foreigner, is going to develop it just as he likes and just when he
likes.
The day of the foreign concession is gone. The Chinese now is paddling
his own canoe, and it is only by cultivating his friendship, by proving
to him by acts, and not by words, that the intrusion of privileged
enterprises--such as great mining concessions and railway concessions,
in which the foreigner demands that he be the only principal--is no
longer contemplated, that the day will be won. But it is equally true
that only by combining European and Chinese interests on the modern
company system, the real Opening of China can be effected.
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