ANCIENT NEW DEAL
Two thousand years ago China had its own New Deal. So declared C. Martin curator of Chinese archaeology and ethnology at Field Museum of Natural; History, before the Mid-west "Branch of the American Oriental. Society at the University of Chicago. This ancient political regime, Mr Wilbur said, was set up by - a Prime Minister named Wang Mang, who had himself made Emperor in: the- year a;d. 9. His social experiments included : Nationalisation and! equal distribution of land; government monopolies and the manufacture of salt and iron; control of mines ' and other natural :resources; aid to farmers by agricultural price control through jgovemmant buying of excess crops m good yeaife, and through storage in government granaries tor sale in bad years, Mid government, loans -to business for productive enterprises at moderate rates of interest.'
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Bibliographic details
Evening Star, Issue 22975, 4 June 1938, Page 7
Word Count
136ANCIENT NEW DEAL Evening Star, Issue 22975, 4 June 1938, Page 7
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