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H.B. Ollerdessen
Stock Exchange
Shanghai

He told me that the land was all owned individually by the farmers or peasants all being small owners and that they assisted their neighbors [[strikethrough]] at [[/strikethrough]] in harvesting.  There is no squeeze here by big landowners apparently.
American cotton of better quality has been planted at Shanghai but it does not grow well here & has been abandoned.  Other varieties might however do better.