The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-05-20
New. of RECOMMENDATION Plans.


WASHINGTON, May 19.--The latest
budgets of mail received at the japanese,
Chinese and Corean legations at Washing
ton give much space TO the changed con-
ditions resulting from the war. Lord Ii,
son of Ii Hung Chang is expected to be
the new Chinese minister to Japan. The
peace settlement will soon be followed by
restoration of diplomatic relations. Mr.
Otori, a member of the japanese
Privy Council, is mentioned as probable
minister to China. He was formerly min
lister TO China and knows the country
thoroughly. In an interview Mr.. Otori
tells the Japanese that having acquired
commercial access to China it will need
much tact 10 cary on trade with the
Chinese. He says British merchants have
already pretty we'll occupied southern
China, which is the best field, so that the
Japanese had better turn their attention
to the northern country. where the mar
kets are comparatively untouched, although
they supply millions of natives. He gives
all the details of Chinese trade, showing
among other things that the natives never
pay cash for goods. They are scrupu-
lousy honest, and have three regular pay
days. on May 3. July 10 and, December 13.
The talk in Japan shows that the conquests
by its armies are TO be followed by an
equally vigorous commercial campaign by
the merchants.
Corea has passed through troublous times
of late. The foreign ministers feared an
outbreak, and armed guards were stationed
at all the legations. There were thirty
United States marines with United States
Minister Sill at Seoul. Quiet has been re-
stored and the armed guards have been
Withdrawn. The trouble followed the re-
bellion Of the Tong-HaKs. In suppressing
rnem the government used great severity.
A traveller that lately returned from the
disturbed district reports that wherever he
went he saw houses burned down. corpses
OF people murdered and towns jesolated and
abandoned. This brought on mob agita-
toned. which threatened Seoul and led TO
authorities at Seoul are now trying the
ringleaders. and there is a liability that
they will be decapitated.
The influence which Japan is now exert
ing in the undermining of Corea is ndi-
to LOOK after those suffering from the re-
cent outbreak On this council OF six mem
bers there are three Coreans and three
Japanese. The Corean government recently
devised unique means of raising much
needed revenue. Observing that Japan was
making heavy demands on China. and that
China was not in condition TO resist the
acting Minister of Public Works of Ccrea
voy, that Corea should also put in claim
for damages against China Hearing that
the war and Corea had suffered many ca
lamities therefrom. he urged also that he
should personally undertake the duty of ne
gotiating ami of meeting Ii Hung Chang
at Shimonoseki. where the Japan-China
terms were being arranged. Count Inoy dis
ccuraged the project. and IL was not ex-
ecuted. The loan of 100000 yen which
Japan made to Corea In order to put the
country on its feet has begun to be paid
of last month. and the remaining two and
half millions are subject to call by Corea
The Japanese looking over the DOS
sessions that they have recently acquired
work in and around Port Arthur, with the
purpose of finishing the survey by July. al
that the permanent possession of Port Ar
thur has been given up a result of
the protest of the European powers The
investigation as 10 the value OF the islands
of Formosa and PeScadores has not been
encouraging, and the Chinese natives on the
Pescadores seem to be race of blinded
people. about half of them cropping about
unable to see. The place is almost n solid
mass of coral. 1t is used for building
houses esf giving beautiful appsarance
the absence OF trees or verdure from the
coral SOIL. and by the blindness every
where. Formosa gives better prospects and
already capital IL being invested TO put
I'm large sugar refineries. which will. IL is
said. add new element to the worlds
\ compilation OF figures OF Chinese ma
tional debt shows that at the present
moment 1t now aggregates only about fi0,-
100000, sum Insignificant in view of the
great resources of the nation. The first
Chinese loan was made in 1873. and since
that date there have been various issues
mostly for small amounts. The rate of in
terest on these loans varies considera bly,
probably owing to the different character
of the security offered, but the highest
figure is 10 per cent, and IL may be sig
nificant that the last. made during the pen
dency of war last year. was placed as low
as Z per cent. Most of these loans were
paid to the Chinese in silver. but in only
two instances is it stipulated that they
shall be repaid in the same metal and the
balance must be refunded in gold. In view
of this small floating debt ii is believed
here that the Chinese will have no diff
Guilty in raising the entire amount of the
indemnity 10 be paid 20 Japan at a low
rate of interest. the Chinese taking silver
and paying the loan off in gold