The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-05-20
JAPAN IS AFTER TRADE
The Complete Subsistence of the
Military Spirit.
RESTORING ORDER IN KOREA.
The Newly Acquired Island Territory
About To Be Developed.
Already the Japanese Are Building
sugar Mills i'm For1nosa-China VIII
Have No Trouble in borrowing sill
Yer To Pay the War Indemnity.


Yer To Pay the War Indemnity.
Washington City May l9.-The latest
budgets of mail received at the Japanese.
Chinese and Korean legations at Wash
1ngton City give much space 10 the
changed conditions resulting from the
war. Lord Ii. son OF Ia Hung Chang is
expected TO be the new Chinese minister
10 Japan The peace settlement will soon
be followed by a restoration OF diplomatic
relations. Mr. Glori, now a member of
the Chinese privy council Is menLonecf
as a probable minister 20 China. lie was
formerly minister TO China and knows the
country thoroughly.
In an interview Mr.. Otori says that the
japanese having acquired commercial ac-
cess TO China, II viii need much tact TO
carry on trade with the Chinese. He says
british merchants have already pretty
Well occupied southern China. which Is
the best field. so that the Japanese would
better turn their attention 10 the north
ern country, where the markets are COM
paratively untouched. although they sup
ply millions OF natives. He gives all the
details of the Chinese trade, showing
among other things, that the natives
never pay cash for goods. They are scru-
pay days, on May ), July l5 and December
1S.
The talk in Japan shows that the con-
quests by its armies are to he followed
10y an equally vigorous commercial cam
paign by the merchants.
Korea has passed through troublous
times of late. The foreign ministers
feared an outbreak. and armed guards
were stationed at all legations. There
We're thirty United States marines with
Minister Sill at Seoul Quiet has been
restored and the armed guards have been
W-tndrawn. The trouble followed the re-
hellion OF the Tong Haks. In suppressing
them the government used great severity
A traveller who lately returned from the
disturbed districts reports that wherever
ne went he saw houses burned down.
corpses OF murdered people and towns
desoiated and abandoned. This brought
on mob agitation, which threatened Seoul
and LED to the armed defense of the lega-
tions. The authorities at Seoul are try
ing the ringleaders and there is liability
that they Will be decapitated
The influence which japan Is now ex
erung In the undermining of Korea is IN
dicated by the formation of a court coun-
Gil TO look after the sufferings from the
recent outbreak. OF this council OF six
members there are three Koreans and
three japanese. The Korean government
Il g
ing much needed revenue. Observing that
Japan was making heavy demands on
CHINA, and that China was not In A con-
ditiOn TO resist, the acting minister of
public works of Korea suggested 10 Count
lnouye, the Japanese envoy that Korea
should also put in a claim for damages
against China. Bearing In mind that
China's arbitrary course had brought on
the war and as Korea had suffered many
calamities therefrom, he urged also that
ne should personally undertake the duty
OF negotiating and of meeting Ii Hung
Chang at Shimonoseki, where the Jap
anese-Chinese terms were then being ar
ranged Count Inouye discouraged the
project. and IL was not executed
The loan or 3,e00 go yen which Japan
made TO Korea in order TO put the country
on its feet. has begun 10 be paid. Half
million was turned over the first OF last
month, and the remaining two and a half
million is subject to call by Korea.
The japanese are looking over the pos
sessions they have lately acquired
large force of expert surveyors are at
work In and around Port Arthur. with
the purpose OF finishing the survey by
July. although these plans may be al
tered. now that the perna nent possession
of Port Arthur has besn given up on .ac-
count OF the protests OF tho European
powers The investigation as 10 the
has not been encoura ging. The Chinese
natives on the Pescadores seem TO be a
race OF blind people. about half OF them
cropping about unable 10 Sc. The islands
are almost a solid mass OF coral. II Is
used for building houses. etc. giving a
beautiful red appearance 70 everything,
which, however. is Offset by the absence
OF trees or verdure from the soil. and by
the blindness everywhere. Formosa gives
better prospects. and already capital Is
being invested 20 put In large sugar re
nncries which will. II is said. add a new
element to the worlds sugar production.
4 careful Compli1t ton Of the figures OF
the Chinese national debt show that a
the present moment Il aggregates only
about 10000 o90. a sum Insignificant. in
view OF the great resources OF the nation.
The first loan was made In 1873. and since
that date there have been various issues.
mostly for small amounts The rate OF in
terest on the loans varies considerably.
probably owing 20 the different charac-
ter Of the securities offered. hut the high
est figure IS ten per cent. and II may oe
significant that the last loan made, dur
ing the tendency of the war last year.
was placed as low as seven per cent
Most of these loans were paid 70 the
Chinese in silver. but in only two instan-
ces is II stipulated that they shall be re-
paid IN the Same metal. and the balance
must he refunded in gold In view Of this
small floating debt. i IS believed here
that she Chinese will have no difficulty
in raising the entire amount of the In
demnfty 20 he paid TO Japan Al low rate
OF interest the Chinese taking silver and
paving the loan off IN gold.
London May 19-The Times tomorrow
VIII publish a dispatch from Tientsin
which saws that II Tfen Fang. son of Ii
Hung Chang. has been appointed a com
rDittee 10 hand over the island Of FOR
r,,nsa % Iaraan.