Inflation is Cured

Inflation has been in existence for several decades but now this too is a thing of the past. People may hold or bank money without fear of it losing its value overnight. We in New Zealand cannot realise what it is to draw our salary and find it almost valueless before it can be converted into non-perishable goods in such times of scarcity in China the greater would be the profit of the speculator. The People's Government has rectified this state of affairs in less than a year. No longer can the retailer and middle man make a fortune while others starve. Government price control and the establishment of food reserves throughout the country has eradicated the fear of famine. The thing that strikes one most in China today is the enthusiastic approach to labour and study in particular there is a very marked change in the university. Study and practical application now go hand in hand. Education is no longer the preserve of the rich. He who has talent, now has the opportunity.

What has been the result of foreign influence in China over the past hundred years? Foreigners first gained access to China in the infamous opium wars of the last century. The Chinese citizen is well aware of the facts of this intervention China was regarded as a field of exploitation both with respect to labour and raw materials. Missionaries made their penetration in the period after these wars. They penetrated much further inland than did the trader and did much in the founding of schools, universities and medical colleges. Those missionaries who continued in the western way of life perhaps introduced some confusion in the Chinese about the true meaning of Christianity.

The Chinese people oppose the draining away of their land and wealth into foreign hands. Equal pay for equal work is now the motto and this applies to both Chinese and aliens. China is far from ill treating any foreign nationals. At every turn we are met with courtesy and co-operation. Some suspicion lingers a little and some restriction is placed on travel but in the record of the past the Chinese have ample justification. Once a permit is obtained no further difficulties are obtained. Many Americans and British left on the advice of their consulate not through personal difficulties at all. Some were compelled to leave because of the inconvenience caused by the Kuomintang to shipping moveing up and down the coast.