[28]. It is to be regretted that the author does not give the name of the newspaper in which he read this ludicrous utterance; we should doubtless then see that it is far from representative of British opinion.—H. N.

[29]. M. Leroy-Beaulieu cannot seriously believe that the independence of China is threatened by Great Britain. British policy is, as it always has been, to maintain her independence by every means.—H. N.

TRANSCRIBER’S NOTE

  1. Silently corrected typographical errors and variations in spelling.
  2. Anachronistic, non-standard, and uncertain spellings retained as printed.
  3. Footnotes have been re-indexed using numbers and collected together at the end of the last chapter.
  4. P. [125], changed “40 per cent.” to “4 per cent.”