Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-02-21
complaints against the

powers.
Much lies behind the Joint reiec-
ton of the Manchurian neutraliza-
ton proposal by Russia and japan.
Yet by this very rejection, 1t is said
by officially disinterested diplomats,
both Russia and Japan have depriv-
ed themselves of the only opportu-
nifty to cut short the American fl
nancial conquest of the Far East,
for Russia has tied Frances hands
while Japan has tied England's.
Germany, for years DESTROYS of dis
lodging, first, England and then
Russia, is perhaps the happiest ma
ton today because of this situation.
Protests of powers can not pre-
vent American citizens and corpor-
ations from going into China and
purchasing or securing options on
whatever they want, provided II Is A.,
a bona-fide purchase or concession.
There is no doubt that the United
States as a nation or group of cap
italists has money enough to pay
for whatever she wants. The right
Of this country to protect these prop
critics in any way necessary, by dip
lomatic or consular agents, by polio
ing, or in a military way, as pre-
caution or necessity, is a part of the
new policy.
This is the very fact that leads
Germany to believe that the Ameri-
can government is backing the Nor
gan syndicates in these transactions.
Private financial transactions ex-
tending perhaps into $2,000,O0O,OOO
in less than twenty years are counted
on II the government pledges itself
to back them. in every legitimate
manner. 49,
The Henkow-Sze-Chuen railway
loan, which has puzzled the Ameri-
can people in general. because Of
the paltry s7,500,OOO concerned, is
not financial deal. 1t is strictly
diplomatic. To give eventually the
American government the right to
oversee, politically. the future OPP
erations in China, President Taft de-
manded the right of participation oil
American capital In the loan, to be
taken up, as generally believed, by
Morgan syndicates. The further
diplomatic discussion about It is sup
posed to be a State Department ruse
to see how, and where, the powers
truly stand. 1t is possible that Ger
many's opposition will now be no
more, because of the elimination OF
Russia and Japan as political factors
in the Far East. At least, that the
ILLUMINATION has begun is the accept
ed fact.
There Is said to be an understand
ing among European powers, instl-
gated by Germany, that any loans
made to Japan would be equivalent
to financing that country for her
in the Far East. This is the rea-
son why today Japan is experiencing
difficulties in borrowing money. ia
pans rejection of the Knox Manchu-
rian plan has now closed to herself
the American money market.
| OO lar db lhc TidhhoW ivan SUED
only interests with unlimited money
can take 1t up. Its soundness, as
an investment, is not questioned. but
It Is deal whose profits may be
delayed years. and then the induce
ments might not be as great as some
of those offered by loans already on
the market. But the new plan is
not mortgage over the railroad
physically so much as the franchise
and the right to protect, oversee, and
even direct the territory over which
the road passes. This Is the thorn
in Japan and Russian sides.
, The Russian, French, British and
japanese diplomats are very reticent,
reports the World. Their CONNER
cial delegates are busy with Stats
; tics. while the ambassadors them
selves are disappointed with the re-
suits of their talks at the State De-
partment, Hints are given that the
|, American plans will be fought. An