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The career of Wanganchi, an eccentric and socialistic statesman, who wished to pose as a great national reformer, and who long possessed the ear and favor of his sovereign, lends an interest to the reign of the second Chintsong. Wanganchi did not possess the confidence or the admiration of his brother officials, and subsequent writers have generally termed him an impostor and a charlatan.

Want of skill, the fitfulness of the small holder, aggravated perhaps by national calamities, drought, flood, and pestilence, being felt more severely by laborers than by capitalists, led to a gradual shrinkage in the area of cultivated land, and at last to the suffering of the classes who were to specially benefit from the scheme of Wanganchi.

The advocacy of such a scheme is calculated to earn popularity, as few of those who are to benefit by it stop to examine its feasibility, and Wanganchi might have been remembered as an enlightened thinker and enthusiastic advocate of the rights of the masses if he had not been called upon to carry out his theories.

His memory has been aspersed by the writers of China, who have generally denounced him as a free-thinker and a nihilist, and although, twenty years after his death, a tablet bearing his name was placed in the Hall of Confucius as the greatest Chinese thinker since Mencius, it was removed after a brief period, and since then both the name and the works of Wanganchi have been consigned to an oblivion from which only the curiosity of European writers has rescued them.