PREFACE

In presenting the economic teachings of Confucianism, Dr. Chen has adopted the same order of arrangement that has become usual in English treatises on political economy. The danger which this plan involved—of creating the impression of a more systematic exposition of economic principles than is to be found in the sacred writings—is much more than outweighed by the large number of clear anticipations of the accepted economic teachings of today which it reveals. Incidentally, it enables the author, with his wide acquaintance with the best English economic literature, to bring out many interesting contrasts between Chinese civilization and the civilization of the West. His discussions of such institutions as the family, marriage, private property, and the position of women have an interest and value quite apart from their relation to the main purpose of his study.

No one can read these pages without becoming convinced that Confucianism is a great economic, as well as a great moral and religious, system and that it contains most, if not all, of the elements necessary to the solution of the serious problems that confront China today. That these problems may be speedily and happily solved, and that Dr. Chen may take the prominent and distinguished part in the reformation of his country for which his high character and unusual attainments so well fit him, is the earnest hope of his American friends.

Henry R. Seager,
Professor of Political Economy.
Columbia University, October 15, 1911.