The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-08-17
ThinEs japanese.


Journal Of Toxic for July says "The Intervention
OF the President Of the United States might possibly
have been anticipated. for no Power In Europe could
undertake the task. America u regarded By each
bellieeront With an eye clear OF all suspicion"
Japanese authorities freely admit that their
monetary reform and adoption of the gold standard
In 1907 was one Of the greatest blessings the En-
plre has ever enjoyed.
The Sun Trade journal further says "The COM
pleton Of tho Panama Canal will stimulate or
trade with North America. open now era for our
trade With South America. especially Brazil and
the Argentine Republic. end no: improbably ,ahle
US TO md now markets on the West Coast OF AFRICA
Jspsn's tarn was revised (up. not DOWN In $780,
In that year her customs receipts were N'Snoo
ve yeas later they 81 500. 900. an increase OF
q, 100000 for the one year In Japan. as In the
United States high tariR not only increases horc
production. but II also increases imports. ThNt
sounds psradoxical. but II IL . fact. The point Is
that under protection more money Is available for
the purchase OF foreign made luxuries.
Between 1879 and 1904. thirty years Jar'r's
EXPORT trado with Asia has increased twenty eight
fold, with America twenty -nve fold. but with Ei-
rope only six and one half fold In the same period
her imports from America increased nifty eight
fold. from Asia nineteen fold and FROM Europe
seventeen fold.
Two -afths Of Japsn's exports 20 to Asia. ono.
third 10 America and onefourth 70 Europe; In In.
ports the ratios are one half from Asia. one third
from EUROPE and ono sixth from America. In
this and the foregoing paragraph America
means the United States and Canada. Japaneso
ngurings frequently marry" inc Two countries.
Tho raw materials for manufacturing purposes
which Japan buys most freely are raw cotton. WOOL
hax. hemp. Jute China grass. leather. hides ana
skins. metals and fuel.
In 1904 japanese fiscal year March ~ her ex-
ports Of raw silk and habutaye were Of the value OF
Sss 900. increase Of moro than I'll 100000 over
the prior year.
War material imported direct by the Imperial
Government Of Japan does not appear In the state
meut OF imports, a. those statements are based
on customs receipts; the statements, however. do
inctude large quantities Of wooden cloth. blankets
wool, leather, Iron and 20 forth which the Gov
eminent buys from hrms In Japan for war USE
That largely accounts for the fact that In 1906
japanese nscal year there was An excess OF I'M
ports over exports OF so 100000.
The AsaM u ofthe opinion that this year the excess
Of Imports Will DO 500. 100000.
Coal Is In great demand In Japan. 1t ia scarce
In the citiea owing 70 the railroads being crowded
In the moving Of men and material for the wal
In Toxic. for instance. the daily consumption OF
coal gives employment % 500 wagons. Moreover
since the fall Of Port Arthur and the Mukden VIC
tory electric railways. gas works. cotton spinning
and many other factories have become very busy.
Increasing the demand for coal. In Kyusha the
stock Of io0o.or0 tons has been reduced TO tenth
OF that quantity. The reserves at the various
mines are ell contracted for. Exports OF coal to
Manchuria had stopped. but arc now more active
than ever. arrangements arc being made IN
increase largely Japanese imports of coal from
Australia.
Baron suyematsu says Foreigners now may
not only travel In any part Of Japan. but may re-.
side and do business anywhere. Their status
In Japan Is almost Identical with that which the
westerners have In another country among them
selves. Tho Ter loot of Japan governs every person
who nnds himself In the lands Of Japan. The Ia
bility 10 arrest prosecution. punishment and ap-
peal applies to natives and foreigners alike. All
foreigners may sue and be sued In Japanese courts.
land II they admit even but one Japanese subject
into their company. Mining concessions can only
be granted 70 Japanese subjects and TO companies
formed according 70 Japanese laws: hut any for
eiSner may be = partner In any company which
works mines: In other words, In mining matters.
foreigner may be partners with Japanese or may
own shares IN . Japanese mining company. There
are some banking and shipping companies In which
foreigAen cannot participate. These arc eScep'
tions under supervision Of the Government and
arc very few In number. These include subsidized
companies. II Ia not thought wise TO suhsillzc
foreign shareholders. The banks which are
under me protection Of the Japanese Government
are also closed 10 foreign ownership. Nor as yet
can foreigners, for military reasons. own shares
In tho Japanese private railways. This p"'h'
however may be considered, for the present as "a
pending question. The sphere OF foreigners IA
Japan 10 very large"
Admiral Togo's report Of the battle OF the Sea
Of Japan opens With: by the help OF Heaven our
united squadron fought with the cnemys second
and third squadrons on the nth and 2s'h OF May
and succeeded In almost aunihilnting him lhe
language used In the rep Ia mo est In the cA'
IRENE, and gives full credit TO all japanese par
Elephants In the battle.