Much desirable change could be brought about in the accountancy of the native banks. The present practice of not having a passbook, and the extraordinary trust between the banker and his client, are very creditable from a moral point of view. But it is not business. As China is anxious to come into line with modern progress and development, it would be fully to her advantage, if the management of native banks took a leaf out of the methodical working of foreign banks - especially in accountancy. There is little purpose in going in detail into reforms in this direction, as they would have to be gradually worked out in actual practice by employing men, with an adequate knowledge of foreign accountancy in native banking institutions. After a little training, when a few of the banks adopt the new methods, it would be easy to make the practice general.