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Iam seventy years old now, and since half a century, I have been collecting and selling Chinese Antique works of art. A very interesting profession which has business combined with pleasure: Rarely one day has gone by without some excitement of securing or planning to secure certain objects.

The define confiscation, by the new authorities in power at Shanghai of a large collection containing a great number of very important objects, has made me suddenly realize that dealing in Chinese antiques was at its end and that I would be deprived of all my enjoyment.

It has therefore prompted me, with great regret, to take the irrevocable decision of retiring from this activity.

My joy in business was principally to gather beautiful things because I always considered that money was only a means of exchange. When I had surplus money I gave it to charities, to the neediest. I have even established in 1938, an irrevocable perpetual trust, the income of which is to be used to send Chinese students to be educated in this Country in engineering and medicine.

Possibly there are some of my compatriots, who are blaming me for having shipped out of China some antique works, now recognized as national treasures. I wish they would first blame the past ignorance of the inhabitants, because whatever I have exported from my Country was purchased in the open market, in competition with others.

I can say that not one single object has been removed by me from its original site. For example, the tow Chargers of T´ang T´ai Tsung now in Philadelphia, were originally removed from the Chao Ling (Mausoleum of the Emperor T´ai Tsung) by a foreign dealer. These bas-reliefs

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