The Washington herald., 1910-01-10

they will establish a highway of com
merce with China along which will IN
doubtedly travel a considerable portion
Of tho business Of the future.
All Seek Control.
The principal cause Of the delay In set
Ting the terms OF this Chinese loan has
not been due TO China's action, but has
been owing 70 the difficulty experienced
by the competing countries IN arranging
the question OF the amount of line which
each would control and the appointment
Of engineers who could influence in favor
Of their respective countries, all the rail-
road supplies needed, thereby originating
the channel Of future commerce referred
TO.
II IS inconceivable that the principal
wTangling for nine months over this bust
ness, unless they saw some very valuable
prize was at stake. Congratulations are
due to the present administration that Il
recognized so promptly the opportunity in
China to-day and was so quick to seize IL
Giant to Awaken.
So that # will be apparent that the
sleeping giant Of the ages is about 10
wake up. In the esteem OF the Chinese
people the American government, from SIS
well-known altruist!c policy has the right
OF way, and the United States ought 20
bend every effort 10 utilize this oppor-
tunity 70 the utmost advantage.
1t ought to IKE leaf out OF the books
OF Great Britain, Germany, and France,
and in every way encourage its banks
operating in China England was recent
" blamed for standing so closely behind
her own principal bank in China, and the
British House Of Commons apparently
found il difficult 10 tell where the bank
ended and the government began
May Favor America.
While China proper. with its large cities
and immense population. offers the most
inviting business opportunity to the fnan-
cier interested In the building OF railways
and cognate enterprise, which originate
good commercial securities and promote
International trade, It could scarcely be
considered strange II the Chinese govern.
ment. in viewing the present railway and
| political situation in Manehuria, we're q
come 70 the conclusion that 1t would bt
Z good policy 20 avail Itself OF the favorable
| feeling IN the United States in order e
enlarge foreign interest Of an excep-
uonaHv friendly character in that section
/ by welcoming the financial assistance OF
/ the American people in her enterprises
and looking 10 the possibilities OF that
region, it, IS very possible that American
money might find profitable employment
there.
Those WHO are familiar with Manchuris
describe it as 8 country exceptionally
rich in minerals and OF extraordinary
I agricultural fertility, possessing a soil OF
deep loan similar TO that Of our own Da.
kotas; a land, too, well supplied with
water and capable OF producing enormous
! crops.
While Manchuria at present lacks thS
| large population which makes financis
/ enterprise attractive, II is still q country
in which railroads may be built at mod
crate cost and with considerayle pros.
| pectIve value so that while America does
not loosen her hold upon the Hankow-
Szeehuan line, she may we'll End time L
glance at ManchUria, where the claims
for political rights OF other countries
within their railway limits might. with
profit to all. give place to a policy OF
mutual concession and the consequent
| encoura cement Of q commerce which
would benefit every country concerned