New-York tribune., 1900-07-02
THE PASSING THRONG.

I'm Chinese affairs. as they touch the world a,
large II is a mooted and much argued question
as to whether the so-caied zones
AMERICAN OF influence or the open door pol
TRADE IN icy will ultimately prevail said
CHINA Maxwell Hutchison. OF san Fran
cisco the Hotel Imperial yes
terday The zones o. influence policy means the
partition OF China among the Powers and that
she will become the absolute property OF other
countries. who shall own and rule over certain
agreed on sections Of territory BY the open door
policy Chtnas integrity a nation viii be pre-
served and her ports thrown open TO the com
petitive trade Of the world which will enter with
out favor. In view Of the Oft repeated query OF
the anti-expausionist as 70 what stake America
mas IN the gigantic game OF destiny that IS now
being played IN the Orient the answer lies at hand
in some remarks Of President Everett Frazar Of
the American Asiatic Association at a dinner re-
Gently given in honor Of Sir Thomas jackson. chief
manager Of the Hong Kong and Shanghai Bank.
Mr. Frazar said:
,o Iron the Chinese customs returns for the year
ISss 5 Just 70 hand we find that the foreign trade
80 s7,.-a, 80 yea had oeen me most reInarAaoe
eigners and natives The political situa ton while
serious fnterference Exc597r9 1fh i h1t ]
fluctuations in value Of silver had ruled unusually
The abundance OF the native rice crop. the stan
or @ ne Tor Poth rich and poor, had contributed
-c9 The [otat trade reached hig6 water mark Gg
U9 over 1888 and doubling the total OF 1850.
"A Haikwan Cor customs) tael it should be ex-
planned. is Of silver, and huctuates in value aver
aging in 1889. in gold. 3 cents; 1855 20 cents
Mr.. Frazar then went TO say:
American cotton goods show the following i'm
port nEuTeS: 1SS5- value in Haikwa1 taels fl-
1855 1850; 1887 1882 coo: 1885 1852 COO, 1853
WOolleH goods also showed a distinct advance as
did the importation OF sundrfes which rose in value
from H 7. S9.353O00 1898 10 H T III SIS COO in
1889 comprising chiefly American -four (value H T
$3.50 in 1899 against H T L775000 in 1859. sugar
window glass, lamps, clocks, watches. cigars.
cigarettes perfumery. soap, etc
1T is exceedingly interesting 10 note that the
Chinese Commissioner Of Customs a. Shanghai
states that American CottOus steadily making
their way and rule the market in the North and
that quality considered they in price defy
the competition Of their older rivals
The Commissioner Of Customs also expressed
the opinion that with the development Of rail-
ways and the opening OF districts
FEW SHIPS fully cut or from communica ton
OF AMERI- with ports up 70 this time China s
CAN REGIS rade would again double within
TRY. the next ten years Nj Frazars
report Is extremely interesting
reading. and among other things calls attention TO
the distressing fact that out Of the G4 vessels of
7+Shb tons register, entered the port OF Shaug-
hai in 1853, America owned only per cent
1t would seem that President FraZar's speech
IS a complete and satisfactory answer 10 what
volume OF trade and one constantly growing.
our stake IN the game even though fl be indirect.
must be Wellnigh as large as that of any other
country in the world