New-York tribune., 1896-05-24
PROGRESS IN CHINA.
,,vNENT AND DEVELOPMENT
>.cr THE CLOSE OF THE WAR
.xD INTERESTING INFORMATION
svxr 10 THE STATE DEPARTMENT
py MINISTER DENNY.

ny MINISTER DENBN
49,, % Under the title Of Trade
Washi"s ,sq- a" Char.es DENLY United states
Of Cn'ha nL,,, has furnished 10 the state De-
Minister a. ,,ahls and interesting information re-
psrtIne"' o,unercial condition OF that KING
laiine ~ &c the close of the war Notwi''S'd"u-
dom So.sion Of Formosa and the CLOSING "' '"e
Ing tne - custom House for several months
N",, Of China with both Western anu 'S'"', ''',
ne "I Is. increased and expanded. lhe ""ue % W."
eouaue' c.,,ss while less than that Tor l@f was
TIE ,ban for any other year IN '"e ~ ,an
seS' ,ho exports TO the United states i'll 1919
tsa" >, 1885 i02 taes; the imports rom '.,ro on
snoun'0 oo3 1872 tails. Of which more thdn 0"V'VVO
e0''". for kerosene OIL II - ho'i0'"'.e 'V' 80
uss We. ,,,, in 1895 the imports OF RUSSIAN OH
tgsss give" '"" American oil in quantity and
tIss.- ~. first time in the history OF the "due'
v,lss '0' ,.o1 e,r by the large stock OF Ameri-
Tsss -, o., 1sq4 and held over the year
S.oA '.''E - the war Mr. DENLY says, was
Iae -, - hv foreigners as the date from
b0hea ch,na was 10 depart from her uA''uoiidi
"hN" 90 internal Improvement ana deNeoP''e"'.
PH9 Vows Of the most enthusiastic nave "''
Nn'e ,..aa and China has shown CAUTIOUS 0o"-
bee" '' ,nore has been no want OF pIoSIesS'
sei''''" ,.oaas hare bee. built bu' aS 10 ''e eV"
some -, -" ~ railroad construction 'he "'"eSt
elA' -, stands committed 10 'he P""VH oI
GoVe'''',,N, D','.so money only Mr.. Denny th'hks'
using ,ns This policy will not avail for lines oil
however '.~ and he predicts that China viii
great eN''" -, n the all OF the foreign syn
eventually resort "
dicaes. ,.,,ar, of China has attracted
I"e - American hnanciers and builders oil
the a''vN"V" ao,,ornent Many agents OF Amer
TolIhs s'0N" VOW in that country awaiting the
ean sone definite plan by the Imperial Gov
a1op''o" "a 'aos, ,vo combinations of American
eminent Al tnsasnted nat there by agents are prepdIVd
Capltalis.s p'rin from beginning 10 ehu any idH-
10 ouila uiea,, az, vhch China may deslre. -. -
roSa sHenbv adds that the high staIiuan" AZ W ~
ceilence isesi nins armor and guns Will doubtless en-
ducuon VI - sdopting the policy OF continued rtpI'
able tne" t tclIowei by European irins 10 seCuIc d
sena''og his business. He also warns AineIieaiiS m
c0niempn.a. ~ unrestricted right OF Foreigners 10
tnlIa atnrs IN that country Is so fTaught with mo
InahuS ccnseouences foreign interests that me
lhsS ~ Tanan 10 secure immunity from idAdtol
@ ioi tHe srrmnathv in manufacturing communities @
nsu nso,a and he thinks therefore, that dahgers sun
aoIVaa, fors;gn establishments in China Which no
s Coyergment would find 10 its interest 10 re-
r0ye. -. ,,.A.. eo,s. ..I, is ca 70 70 say
~, IN =, VII he many years before native manu-
!,r-ed articles will drive foreign goods OUT o. 1tIt
ms,tet The silver question cuts botn ways. ite
.rrarchsrt In China buys for silver ana seIs, III
re ard America for gold: thus he largely gains
L. ~ oher hand he buys in foreign countries ior
On 80 esIis in China for silver. Prices for manu-
so,,rsd goods are necessarily raised but the Noue
=. -ais continues 20 increase. nNerSd! Dlnletdi-
~, y. Would no welcomed by many foreign merchants
nsn rssanS in China though the sentiment Is by no
sans universal II IS safe 10 say that scarceiy one
t.vors free silver for his own country alone.