Evening star., 1902-02-07
Japans Budget Expected to Pass Diet
. Without Opposition.
DUE 70 INFLUENCE OF MARQUIS ITO
Foreign Residents of Yokohama
Object to House Tax
PROPOSAL FOR A BANK

Correspe endenee of the Associated Press.
/ YOKOHAMA, January 21.-The diet is
considering the introduction of several
bilis 1t is expected that as result Of the
victory Of the cabinet over the constitution
aiists, result due, 1T Is said. to- the tele-
graphic Instructions of Marquis Ito. presi-
dent OF the opposition party, the budget will
be passed by both houses. One of the chief
measures contemplated is a revised bank
Ing bill. designed to prevent the institution
of wild cat banks.
United States citizens here are much in
terested in runlor from New York of the
possible establishment In Yokohama Of an
American bank. 1t Is conceded here that
the Americans suffer severely for the want
OF such an institution. All exchange ef-
fected by American citizens is calculated to
inure TO the advantage of European bank
efs, ana considering the amortization of the
American share of the Chinese indemnity
and expenses Of fleets and transports in
these waters, together with the transaction
or ordinary private business, it Is thought
that an American bank under American
law could not fail to be sound enterprise.
First Port Of japan.
The years reports show that Yokohama
Is again taking her old place as the premier
port OF Japan Kobe had that honor last
year. One Of the causes of the readjust-
ment has been the unusually active condi-
tion this year of the raw silk trade. g. large
proportion Of which is exported from Yoko-
hama. Since the production of the fresh
month some 100000 parcels were sold. This
is said to have been the most prosperous
year In the raw silk trade since the OPEN
Ing of this port to commerce.
The effect on foreign residents of the
workings Of the revised treaties has lately
been receiving considerable attention. The
main diniculties remaining between for
eigners and the Japanese government are
In relation to the judiciary systems and the
question Of the right to exact house tax and
registration fees from holders of property
held under the perpetual lease clause Of
the treaties. This house tax question is
now exercising the government and the
foreign property holders at all the treaty
ports. The English and French residents
have secured the. support of their home
government in their proposal to force a
test case of the question.
American Rights Reserved.
The American contingent, however, seems
to prefer to have it's rights reserved by
the homie government and to be willing to
pay under protest. if necessary, being as
sured that all ,sucn payments. If proved un-
necessary. will be refunded. The German
residents are divided on the question. which
is likely to be brought to a head before
long. ~
Sun Vat Sen, the well-known Chinese re-
former and revolutionist. who Is now in
America recently surprised his followers
by intimating that he would henceforth
abandon violent methods Of reform in
China. would disband the secret society of
which he is the head, and distribute its
memberseoyerrAmeric and Europe, so that
they might BECOME educated and inaugurate
a campaign Of education. Sun. whose kid
naping at The Chinese embassy in London
created q sensation a few years ago, in
tends to return to China when the Chinese
court reopens, and Is now paving the way
for his return. ~ .,e4...
The representative of the Emperor of ia
pan. at the forthcoming coronation of King
Edward win be Prince komatsa, who has
twice been to Europe and is well known to
the British royal family. He will be ac-
companied by a suite of high officials of the
imperial household department and promi-
nent military and naval officers, and will
leave Japan during April.
Rev. r. s. Toy. Chicago evangelist, is
holding meetings in Yokohama on his way
around the world. He expects to take in
China, Australia. India and proceed home
by London arriving in Chicago, January 1,