The sun., 1905-07-25
Things japanese.

Between 1884 and 1905 g the ordinary revenue
OF the Japanese Government increased from $751;
500 900 TO 3i60.OO0.000. In the same period the
national debt has advanced from sll6.Ooo.ooo to
t725 900 000 but Japan has good deal moro to show
TO -dey. present and prospective for this debt than
she had for the earlier one.
According 10 tho Japanese ofhcial Financial
and Commercial Annual" for 1905. the empires
-.s expense tc March 81. including the last ~ per
cent. loan. had been 1904 100000 The war expense
10 met by using the normal revenue surplus, special
funds. special war taxes and public loans Not
bill against Japan for war or other supplies has
been reported In default. This years special war
taxes amount TO only s7e,5Oo,oQp The curtailment
OF local expenditures and national Thrift arc winning
the war for Japan ON the financial side.
The Togo Klsen Kasha steamship company OF
Japan will resume its service between San Fran
cisco and the Orient about Jan. next. II will
betn with three vessels and later three very large
vessels, now under construction In Jspan. will be
added 70 the fleet. The company had run on this
route for years before the war began. Then the
japanese Government requisltoned for war pur-
poses the fleet, comprising the America Maru,
Hongkong Maru and Nippon Maru.
In Toxic q large factory for the manufacture Of
explosives is being erected by the Nobel Explosive
Company Of AyT, Scotland. 1t will take two years
70 erect and equip the factory. The Japanese
Government has the option OF acquiring the new
factory after ten years. Several Japanese ofncals
studied the manufacture Of explosives at the Ayr
WORKS.
Japan has. so far, spent upon the war about
seven years normal State expenditure; and yet
she is able. by thrift and prudence In financial mat
teB, 10 avoid any economic disaster. Ever since
the war began her foreign tradt has prospcred
beyond all precedent, while her bank deposits,
Of all classes. have reached record figures.
Japans tobacco monopoly will yield a revenue
this year OF Slo.OO.UOU AS the sijGG6oGG0 loan so
eagerly taken up few days ago is secured by this
revenue, the prompt payment Of interest each hail
year and Of the principal at maturity Is dead sure
quantity. And the tobacco revenue is not by any
means Japan's chief resource, Her Government
railways are still virgin OF bonds.
Expansion Is the marked characteristic In every
branch OF Japanese commercial undertaking." says
the commercial agent Of the New South Wales
Government. who has recently visited japan.
Seventy per cent. OF Japan war expenditure has
been spent In Japan. Many struggling concerns
have become successful undertakings as con.
sequence OF this policy.
Jspan's total foreign trade for 1904 shows an
Increase Of S425OOooo, or II per cent. Imports
Increased S27, 100000, or II per cent. and exports
SlS,OO0.O00. or 10 per cent. The import Increases
were In machinery. tin plates petroleum and coal.
The export increase was mainly in manufactured
goods.
Japans trade with China In 1904, despite the war.
made substantial progress both in exports to and
Imports from China.
Japan bought from the United States n 1894
more petroleum. HoIe ica'her' Hiorc 1ha'hh'''
and more steel rails than ever bcnno. besides In
creases 10 other lines such as tin plates iron bars
and Iron rods, hitherto principally purchased IN
Europe Years ago not on American nail went 10
Japan; now American nails divide the japanese
trade therein with German nails.
During the nine years ended In 1908 the number
OF public companies In Japan increased from I"o
10 1000, or an average increase OF SIS each year
In the battle OF Tsu Shlma Straits japanese
ohncer. having had a leg shot away. used his sword
a. . crutch and dragged himself below, WHERE
having slowly scrswled on piece OF paper "Banzal'
die glorious DEATH" he fell back dead. lAat
10 the spirit which 10 winning the war.