The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1908-01-23
FRANCE, JApAN'S
ALLY, LENDS HER
LARGE AMOUNTS
Secret of Partisan War Talk
Open In Diplomatic
Circles.

washington, Jan. 21.--"But wher0
would Japan get the money "
which to wage a war against the
United States?" /.
The question has been so many times
asked, and In the minds OF SO many
people is a poser. conclusive OF the
whole discussion Of n possinniLy ~
war thai a bit Of diplomatic gossip cali
cuiated to enlighten the situation may
be interesting.
II comes from the minors OF dipIo-
macY--the secretaries and clerks ana
underlings-that in the upper and rarcr
qualifications Of diplomatic atmospnesr@
the talk goes that Japan has Frencnt
moner In Immense sums. and has q
peculiar grip on more when 1t may De
needed. .. ... ....
French investors, the diplomatic ex-
PLANTATION goes, nave never taken kind
" to American railroad and industrial
securities. They have especially gone
In for Russians, and lately they have
found themselves overloaded. Russians
haven't looked good since the late q
French finance has been seeking q new
outlet, and has found II.
In Monopoiies.
The new investment field for French
savings Is in the government monop-
clies Of Japan. SO fast as possible, the
best things in Japan are being taken
over and monopolized by the govern
ment--railroads, banking. much OF the
shipping, cotton, tobacco. petroleum,
and various other ines that might be
named. To nance this immense fabric
Of business enterprise takes immense
amounts of money. France has discov-
cred that this field Of natsonalizing Jap
anese industry affords a magnificent
chance for investment. 1t Is practically
buying the best industrial securities
with a powerful Governments guaran-
tee. Moreover, the marvellous expan-
sion OF Japanese trade in the East has
seemed to Justify such investment as
entirely from the Japanese govern
ment's guarantee. OF course, the
French money is loaned directly to the
government. The security Is govern
ment ond But the purpose is invest
ment In the great commercial schemes
of the nation that are declared to be
fast bringing about a regime of some
thing like industrial communism.
Great Proposition.
The story goes that the French i'm
vesting community. headed by the
Rothschilds, after careful investigation,
has concluded that Japan is a good
proposition. France Is going In for the
japanese as strongly as she once did
for the Russians. MOI long ago, there
WIS d bluHlp III Inc prices Oh JupaHeSc
securities in Paris, n 1t was account
ed for in knowing circles here With
the explanation that more money was
going to Japan, and It cauSed the weak
ness.
Incident to these extensive finaneiaf
operations made necessary I'm financing
the expansion and monopoly. under the
government, Of many great lines OF en-
terprise, II Is claimed that the Japan
csc government has got itself in excel
lent condition as to a supply OF avail
able cash and credit. How much this
accessible reserve may amount to Is
a matter of conjecture; but the figure
Is said to be immense. 1t represents
the governments mortgage on the In
dustries Of an empire.
Partial to Ally,
II Is explained that this Is why the
French have lately been so interested In
the possibilities of a Japanese-American
conflict. MOI because their interests
could be furthered by such a conflict.
but because it is human nature to be
partial to ones close friend and ally,
the French have made the strongest
claims for Japan in case Of conflict
with the United States. They are said
TO consider that there is now prac-
tically a triple alliance of Japan. Brit
ain and France. In which France
benefit of a profitable market
security OF a powerful ally in the
far East. In this situation. 1t Is de-
clared, the disposition Of the volatile
French to get over-enthusiastic about
their new-found Japanese friends Is
easily explained. wv