The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-09-08
.Japat1slN Menace.

ri Each new SUCCESS IL VIZ 14 800
Else to fresh yellow peril talk, but put. AZ y
REQUIRES more than tim1d forebodlng to to
create any real danger from the present sfsr
situation. Suppose that Japan does o WIN.
! consummation most devontly to be be
wished, she will be IN no condition Ion 60
undertake campaign Of Asia t1 for ne ne;
sAsiatics" The inert bulk Of China VIII ~
Sc allowed to sleep calmly on free from
any Japanese proddlngs: Doubtless 10 ~
rea will be developed. but the expense
alone necessary for a yellow peril i. cam Gam
paign is sufficient to show the folly OF! OF
any such talk. q Iii II
Count Okuma, one Of Japsa ! leading st!1lll g
statesmen, says that after the war Is
over, the ordinary finances will call for or
extremely careful management II Japan
has to fight to the end of 1905 she VIII
have u debt Of. $3.50, ooo. 900, whose interest
alone will eat up oil the special war
taxes Then Japan will have to In
crease her fleet in order to keep pace.
With the larger fleets which the Euro
pean nations will keep In the East The The
present fleet will have to be repaired,
new arms and guns will have to be con- !,
structed and even though Japan gains
IS she very probably will o large In
crease in shipping and trade with the
mainland 1t will be years before she
Will be free from the burden Of taxation
which this war will lay upon her. In
5l9O2-,o3 Japan's expenditures for all pur-
poses were $145. 900 for the fiscal year,
but after the war Count okuma says
taking into account only the urgent
and indispensable outlay. the yearly ex-5
penditure will amount to 1925 goo, and
If these expenses are hard to meet while
the war tsron, how much more difficult
will they be to meet in the reaction tlIa t
comes with peace?" Altogether Japan
viii not feel very pugnacious when she
gets through with the terrible task she
now has on her hands.
===--=-=[=TE-
Vermont's Republican Majority.
vermont has been heralded as a po-.
5tlcal barometer. idnd all sorts Of dia-
grams have been drawn showing that
when tho Republican majority In YER
mont rises or falls It has indicated a
like inGrease 3or4falling off in the Repub-
liean vote Of the country at large. The
'Repu blican papers generally stated that
IL the Vermont majority went above
$4,000 1t would be such vote of conf
dence in Republican leaders and policy
MS to practically assure President Roosee;--
yelts recollection in November, II the
Republican premises are correct. then
President Roosevelt is as good as re-
elected. But It is q long way from Yer
mont to the White House. and the coun-l
try nf large has not yet spoken, It Is
hard TO. believe that President Roosevelt
viii not lose many voters on whom he
now depends. His administration has
been extrayagant. his own personality
las been, nnwarrantably obtruslye, his
whole party is suffering from the big
head. and the country at large though
1t may lave been caught by tho tenn
porary glitter OF his sensational siren
costly, does not admire or tie TO his
manners or methods. AT the bottom. 1t
is a campaign for Or against Mr., Roose-
welt as an issue. and he does not appear
to be gaining many friends as the day
for election approaches