Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-02-24

49,, 1900 by Frank G. car
clphs" renter ..oo
-, ,opan. January 49, 1900
osaha 49, Japan ten years ago.
TART visa mad on the seven-leasue
% :, !, 'n modern In' industrial progress '.,,n
'S'is .. .,a ,no' lust before the war WIN ,tn
sDe asa a ,o,,nd that the country had
,aIna n"l giant strides. Since ' men
gan 1 has been growing IKE
Is Du, rolling down HILL ana !. y
n0 'os Of the great Manufacturing
~ S' Of the globe. New mus mus Of ot
'lu.'' ,Inds are going up Here a'
s slS are two score large cotton l,, iae,
o'aA . o =, more than one million
p'. ,, y and last year eighty million
E'n- 1.o, cotton yarn were exported ,s. 70
e-nu' 4 great part Of the cotton use, useu
ma ~ made here, and the business
nJlps r,, 70 that In the case OF lhe
50 ~ china among the powers,
.'i.Oa a,on viii be turned into one VAST
DIS retIJnp, ,,r making clothes for the
slstlals - 4. Kio,o where
W. 10 now modern silk mills run W
PR , S, developed by water power
is,u asoet here and below at Kobe are
ID. e. which are making matches py
l.I', ..iiions of gross FOR shipment 70
s mare Corsa India and Australia IN
..n, aus ,bree hundred miles TO the east
s e some japanese have Just com
y.,.i WOODEN mill, ana nave now
ny, sS hands employed in making cloth
~ ,"riv the Japanese demand Tor
' ~ clothing and at Nagasakl, the
,. ..,'.s western port Of the empire a
~. hnlldinr ward has been established,
Xxx Is making C.OO0.ton steamers as
~ -" rs any constructed in Europe or
be United States
JAPAN GROWING RICH.
TIA Iananese are, in fact growing In
IN nation. They are already the
.S,b. N the orient. the richest OF the
..,,ye races OF the far east l do not
IAN hat they are wealthy In COMPARE
~ vi,h the American or the Euro
.s,s hui they are far ahead OF any
,.-sis N their own kind. There are no
,.g,srs / have not been asked for
nm. once during my stay In the coun-
~ and see no unemployed. since
n. Iapanese- Chinese war wages have
creased from 20 to 100 per cent and
=, who were working before that
I'M, tor eight ana ten cents a day are
I'M getting twenty and twenty-five,
,,i more than double the prices paid
h, me same class Of labor In China and
3,r,a Wages are steadily rising ana
,siKh they are still not more than one
rth the sums paid our workmeD, they
h. enough to be riches to the people
N They are so high that many OF
h working people are saving money.
haze are now more than Sl2,000,0O on
gcslt in the postal savings banks,
Tlid BY about 100000 deposltors,
r. this Notwithstanding the people
siy invest their savings In other
n.y.
BIG THINGS IN JAPAN.
AZ 10 the growth Of wealth among
3. capitalists and the business classes
Nskstlll more remarkable. There is
md Of factories, banks and COM
;nes OF various kinds which are
aging good dividends, The Nippon
igSn Kaisha Steamship company, for
asiinee is paying 20 per cent, and
Age Is horse railway In Toxic
Fhrh is paying IS per cent The road
he only one In city Of a million
md half population. Its owners were
'seently asked TO increase their capital
nd equip IL electrically. They re-
fused, saying they We're doing very well
ND they doubted II they could pay a
Tiger percentage by the electric sys-
tr There is no doubt, however, but
Aey Will soon have 10 make the change.
The railroads Of Japan are paying.
Hsh those which belong 10 the gov
lfnment There are now between two
md three thousand miles Of track In
he empire and more have been pro-
iNttd.
As to banks they are TO be found ev-
syEhere and as a rule they are doing
VEL Two per cent a month Is not an
uacommon Interest rate, and the banks
y rule pay interest on deposits. The
loial amount Of native capital now used
n his way foots up more than 1885, 00.-
y, The Bank Of japan alone having a
aplsl OF 100000 yen, or $4,000 900,
zoe banks do business Just as our
lanks DO, keeping their accounts and
thing money In the same way. They
10 Thank you" business Of any kind,
na charge their customers for any and
tefy favor, There are large stock eX-
@ahses In Toxic and Osaka and the
Yellow, almond-eyed bulls and bears
lEal here over the rise and fall OF
uoeks Just as our white. straight-eyed
As' DO In New York and Chicago.
MONEY IN STEAMSHIPS.
10 thor steamship lines the japanese
w making wonderful progress. They
NV nave lines Of steamers which 90
heafly every great port. They have
we've big steamers which give them a
s.NUiFhtly service 70 Europe via the
~. ~ eanal a line Of large ships TO Aus
ssua wa Hongkong and Manila, regu-
~ Steamers TO all the Chinese. Corean
~ eastern Siberian ports, and two