Mr. Hu: People may not believe that while France and America are rich China must remain poor. Nevertheless, the reason why France and America are rich is that they were allowed to work out their own salvation without foreign intervention for many years, and that at the same time they were free from internal disturbances. If any nation wishes to become rich, it must depend upon industries for its wealth. Now, what industries most fear is disorder and civil war. During the last two years order has been restored and many things have returned to their former state, but our industrial condition is the same as under the Manchu Dynasty. Merchants who lost their capital during the troublous times and who are now poor have no way of retrieving their losses, while those who are rich are unwilling to invest their money in industrial undertakings, fearing that another civil war may break out at any moment, since they take the recent abortive second revolution as their warning. In future, we shall have disquietude every few years; that is whenever the president is changed. Then our industrial and commercial condition will be in a still worse condition. If our industries are not developed, how can we expect to be strong? Take Mexico as a warning. There is very little difference between that country and China, which certainly cannot be compared with France and America. Therefore I say there is no hope for China ever becoming rich.

Mr. Ko: Why is it that you say there is no hope for China having a Constitutional Government?

Mr. Hu: A true republic must be conducted by many people possessing general education, political experience and a certain political morality. Its president is invested with power by the people to manage the general affairs of the state. Should the people desire to elect Mr. A their president to-day and Mr. B to-morrow, it does not make much difference; for the policy of the country may be changed together with the change of the president without there being any danger of disorder or chaos following such change. We have a very different problem to solve in China. The majority of our people do not know what the republic is, nor do they know anything about a Constitution nor have they any true sense of equality and freedom. Having overthrown the Empire and established in its place a republic they believe that from now on they are subservient to no one, and they think they can do as they please. Ambitious men hold that any person may be president, and if they cannot get the presidency by fair means of election they are prepared to fight for it with the assistance of troops and robbers. The second revolution is an illustration of this point. From the moment that the Emperor was deposed, the centralization of power in the government was destroyed; and no matter who may be at the head of the country, he cannot restore peace except by the re-establishment of the monarchy. So at the time when the republic was formed, those who had previously advocated Constitutional Government turned into monarchists. Although we have a Provisional Constitution now and we have all kinds of legislative organs, which give to the country an appearance of a constitutional government, China has a constitutional government in name only and is a monarchy in spirit. Had the government refrained from exercising monarchical power during the last four years, the people could not have enjoyed one day of peace. In short, China's republic must be governed by a monarchy through a constitutional government. If the constitutional government cannot govern the republic, the latter cannot remain. The question of constitutional government is therefore very important, but it will take ten or twenty years before it can be solved.

Look at the people of China to-day! They know that something terrible is going to come sooner or later. They dare not think of the future. The corrupt official lines his pocket with unrighteous money, preparing to flee to foreign countries or at least to the Foreign Settlements for safety. The cautious work quietly and do not desire to earn merit but merely try to avoid giving offence. The scholars and politicians are grandiloquent and discourse upon their subjects in a sublime vein, but they are no better than the corrupt officials. As for our President, he can remain at the head of the State for a few years. At most he may hold office for several terms,—or perhaps for his whole life. Then questions must arise as to who shall succeed him; how to elect his successor; how many rivals will there be; whether their policies will be different from his, etc., etc. He personally has no idea regarding the solution of these questions. Even if the president is a sagacious and capable man he will not be able to make a policy for the country or fix a Constitution which will last for a hundred years. Because of this he is driven merely to adopt a policy so as to maintain peace in his own country and to keep the nation intact so long as he may live. In the circumstances such a president can be considered the best executive head we can have. Those who are worshippers of the constitutional government cannot do more than he does. Here we find the reason for the silence of the former advocates of a constitutional administration. They have realized that by the formation of the republic the fundamental problem of the country has been left unsolved. In this wise it happens that the situation is something like this. Whilst the country is governed by an able president, the people enjoy peace and prosperity. But once an incapable man assumes the presidency, chaos will become the order of the day, a state of affairs which will finally lead to the overthrow of the president himself and the destruction of the country. In such circumstances, how can you devise a general policy for the country which will last for a hundred years? I say that there is no hope for China establishing a truly constitutional government.

Mr. Ko: In your opinion there is no hope for China becoming strong and rich or for her acquiring a constitutional government. She has no choice save ultimately to disappear. And yet is there no plan possible whereby she may be saved?

Mr. Hu: If China wishes to save herself from ultimate disappearance from the face of the earth, first of all she must get rid of the republic. Should she desire wealth and strength, she must adopt a constitutional government. Should she want constitutional government she must first establish a monarchy.

Mr. Ko: How is it that should China desire wealth and strength she must first adopt the constitutional form of government?

Mr. Hu: Wealth and strength is the object of the country, and a constitutional government is the means to realizing this object. In the past able rulers could accomplish their purpose without a constitutional government. We refer to Emperor Wu of the Han Dynasty and Emperor Tai Chung of the Tang Dynasty. However, when these able rulers died their system of administration died with them. This contention can be supported by numerous historical instances; but suffice to say that in China as well as in Europe, the lack of a constitutional government has been the cause of the weakness of most of the nations in ancient times. Japan was never known as a strong nation until she adopted a constitutional government. The reason is this: when there is no constitutional government, the country cannot continue to carry out a definite policy.

Within comparatively recent times there was born in Europe the constitutional form of government. European nations adopted it, and they became strong. The most dangerous fate that can confront a nation is that after the death of an able ruler the system of administration he has established disappears with him; but this the constitutional form of government is able to avert. Take for instance William I. of Germany who is dead but whose country continues to this day strong and prosperous. It is because of constitutional government. The same is true of Japan, which has adopted constitutional government and which is becoming stronger and stronger every day. The change of her executive cannot affect her progress in respect of her strength. From this it is quite clear that constitutional government is a useful instrument for building up a country. It is a government with a set of fixed laws which guard the actions of both the people and the president none of whom can overstep the boundary as specified in the laws. No ruler, whether be he a good man or a bad man, can change one iota of the laws. The people reap the benefit of this in consequence. It is easy to make a country strong and rich but it is difficult to establish a constitutional government. When a constitutional government has been established, everything will take care of itself, prosperity following naturally enough. The adoption of a constitutional government at the present moment can be compared to the problem of a derailed train. It is hard to put the train back on the track, but once on the track it is very easy to move the train. What we should worry about is not how to make the country rich and prosperous, but how to form a genuine constitutional government. Therefore I say that if China desires to be strong and prosperous, she should first of all adopt the constitutional form of government.

Mr. Ko: I do not understand why it is that a monarchy should be established before the constitutional form of government can be formed?