It is, therefore, earnestly to be hoped that the diplomatists and capitalists of Europe will--both in the interests of the investing public and in those of the Chinese people--stand firm and insist on adequate financial control as a preliminary and essential condition to the advance of funds.
As to whether the recently established Republic is destined to last or whether it will prove a mere ephemeral episode in the life-history of China, there seems to be much divergence of opinion among those authorities who are most qualified to speak on the subject. Mr. Bland's views on this point are, however, quite clear. He thinks that Confucianism, and all the political and social habits of thought which are the outcome of Confucianism, have "become ingrained in every fibre of the national life," and that they constitute the "fundamental cause of the longevity of China's social structure and of the innate strength of her civilisation." He refuses to believe that Young China, which is imbued with "a doctrinaire spirit of political speculation," though it may tinker with the superstructure, will be able seriously to shake the foundations of this hoary edifice. He has watched the opinions and activities in every province from the beginning of the present revolution, and he "is compelled to the conviction that salvation from this quarter is impossible." He thinks that although in Canton and the Kuang Provinces, which are the most intellectually advanced portions of China, a system of popular representation may be introduced with some hope of beneficial results,
... as regards the rest of China, as every educated Chinese knows (unless, like Sun Yat-Sen, he has been brought up abroad), the idea of rapidly transforming the masses of the population into an intelligent electorate, and of making a Chinese Parliament the expression of their collective political vitality, is a vain dream, possible only for those who ignore the inherent character of the Chinese people.
There is, however, one consideration set forth by Mr. Bland, which may possibly prove, at all events for a time, the salvation, while it assuredly connotes the condemnation of the present system of government, and that is that the Chinese Republic may continue to exist by abrogating all republican principles. According to Mr. Bland this "gran rifiuto" has already been made. "The actual government of China," he says, "contains none of the elements of genuine Republicanism, but is merely the old despotism, the old Mandarinate, under new names." "The inauguration of the Republican idea of constitutional Government in China," he says in another passage, "can only mean, in the present state of the people, continual transference of an illegal despotism from one group of political adventurers to another, the pretence of popular representation serving merely to increase and perpetuate instability."