Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-01-01
NOTED JAPANESE HERE
FINANCED NATION THROUGH
THE WAR WITH RUSSIA.

A roly-poly little man with sharp black
eyes and bristling Van Dyke beard ar
rived In New York Saturday. He came
over on the Celtic and stopped of on his
way to San Francisco. He will sail thence
on the Pacific Mail steamer Siberia for
Toxic on January %. Modest as this little
man appears to be. he was one OF the chief
factors in the war between Japan and Rus
x4a
This transient visitor is Mr. Korekyo Taxa.
hast, who Is recognized in Japan as her fore
most financier. At the outset of the war he
set aside all of his great individual enter
prises for the service of his country. With
great conflict ahead of her Japan was I'm
sore need Of money, and 1t was Mr. Taxa
hasi who undertook to negotiate the funds
necessary.
AS the financial commissioner of the jap
anese government he was clothed with AL
most as much power as the Emperor OF
Japan himself. 1t was this modest little
man who fioated all of the great war loans,
years in London.
My mission is ended now and so I ar,
going back home" said Mr.. Takahasi yes
terday at the Holland House, in New York.
where he expects to stay until he leaves for
San Francisco. THE government Is no
longer in need of my services. and now I
may return to Toxic for a little rest; and
perhaps l may also be able to devote some
OF my time to my personal interests.
Japan VIII Soon Recover.
The future of Japan? All, that Is a broad
question, indeed. 1t is one so broad that
only a close student of the nations affairs
would dare to go deep into 1t. But of ono
thing the world may be sure, and that Is
that Japan will speedily recover from tho
shock of that great war Destructive ss IL
was, 1t has been to some purpose Ii 1t had
gone nothing more than bring recognition
Tor the country it would not have been pur-
poseiess. But 1t has accomplished vastly
more than that. For example, it has made
new era or peace and prosperity possible
in the far east
trenchment should follow a devastating
war, such as Japan has just passed
through. But am advised by the japanese
government that retrenchments will be made
only so far may make for the safety
OF the administration The government
must maintain its powerful navy and an
army or sufficient strength to insure Its own
safety and peace. Moreover, the terms OF
our alliance with Great Britain will render
1t necessary to maintain the army and navy
on q firm footing.
Example Set by America
Japan must now do much in the way
Of commercial and industrial expansion,
She must of necessity adapt herself TO r.
new set of conditions, and perhaps she may
ind 1t to her advantage to profit in a meas
lea IN the matter of commercial progressive
ness. She is bound to grow and expand
and extend her commercial relations TO
countries that have heretofore had little to
do with her.
The merchant marine will be one OF the
hrst questions that Japan must meet.
Since she Is to compete with other CONNER
cial powers Of the world she must build up
her merchant marine If she would not find
the competition beyond her resources. AL
ready steps have been taken for the estab-
ltshment of frst-class line of steamships
from Japan to the chief ports of South
America. 1t will not be so many months
before this line will be in operation.
Commercial expansion is but n frag-
mentary part of the posJ-beIlum policy OF
the country. incidentally America is GER
tain to benefit more by this expansion than
any other country, not even excepting
Japan herself Naturally We expect TO es-
ia bltsh better commercial and political re-
lations with China, but it is stll too early
to predict what may be in store for Man.
churia and Korea.