The San Francisco call., 1899-08-30

One of the largest commercial and in
dustrial movements of the world is now
receiving the serious consideration of
number of Chinese and American capi-
talists Of this city. Reference has been
made to II once or twice in the press, but
the importance of the project has never
heen fully explained or generally under
stood. The proposition is the formation
of a United States and China trading COM
many the scope of which will reach into
every branch of the industries of the
two great nations. Meetings looking to
the creation of such an organization are
being held here frequently, the capital
here as well as in the East and China is
becoming interested.
The first public notice of this movement
was issued by Ho Vow, the Consul-Gen-
eral of China in this city, who sent out
a number of circulars to the commercial
bodies OF this city, the East and in China.
The representative of the Flowery King
dom has always distinctly stated that his
acts in this matter were unofficial, but
for all this his brOadmindedness has been
criticized by those either ignorant OF MS
purpose or fearful for personal reasons.
in mis- unofncla COMMUNICATION IAo IL"
says.
China territorially considered. is almost
terra incognita, yet with her comparatively un-
deveIoDed resources, her 400, 900, 600 of popula-
zion a progressive Government and desire
TO obtain all the advantages of western civili-
zation, a most inviting field is offered Tor
American capital. enterprise and ingenuity.
European nations have not been slow TO recog-
nize and take advantage of these opportunities
and have sought TO obtain large territorial
The United States Government has always
maintained passive attitude and has in con-
sequence material advantage that other ma
tions lack one who follows the daily trend
of events and is conversant with the aggressive
and graspng policy OF the diplomats of Eu-
realize advantages
may accrue to the citizens of the United
States through the liberal non-interference
policy of this Government.
This quotation is the key to the situa-
ton A gentleman recently returned from
China states that the powers that be in
that country have recognized the neceS-
sitv of becoming one of the recognized
civilized nations of the world-or be
chopped up terrtorially and parceled out
among the powers of Europe, which
means it's annihilation as a nation. To
accomplish this by its own power and re-
sources is impossible, and strong ally
is necessary. America is China's only
hope. but the alliance must be CONNER
Cal and not political. Ho VOW in his ad-
dress refers to San Francisco as the nat
ural distributing center of the trade Of
the Pacific Ocean, and toward this point
must converge the greater part of the
trade that will eventually be developed
between China and this country
His proposition is to form a United
States and China trading company with
a capital of from five to ten million dol
lars with a general charter which will per-
nit of the most extensive field of opera
tiOns, the scope of which will be deter
mined by the investors. It's purpose is to
deal as direct purchaser or agent in the
natural products or manufactured articles
of each country with view of introduce
ing American products into China; estab-
lish branch houses in every treaty port
of China; arrange for and accept con-
tracts for the construction of railways.
building of steamships. warships or other
vessels for the Chinese Government or
private concerns; to form and promote