The Hawaiian gazette., 1911-12-26

tributor to the Japanese magazines,
writing in a recent issue Of tho TaiyO,
but her cause for war would. have 70
be such that sheacould appeal TO the
nations Of the world for financial assist
anee. Any hasiening into a jingo.pro-
vOked war would be disastrous, he
thinks. ag... BE- ..a.-
AS critical article from the view,
point Of Japanese student Of affairs,
Mr.. Hibiya's article is interesting to
Americans, especially as it is written
with view Of warning Japanese jim
goes against any attempt to again in,
flame Japanese public opinion against
America. ~ =
Capital, says Mr., Hibfya, knows no
national boundaries, so it has come
about that the affairs of the business
world have become very complex, the
result being that the causes leading
| to war are easily eliminated. The I'm.
aneial relations existing between Japan
and America make war Impossible, so
far as these countries are concerned,
and'it follows that such a thing as war
| between Japan and America can hardly
be imagined. But let us imagine what
the effects would be in the event cir
cumstances should arise leading to war.
There can be but little doubt that the
economic effect would be great. The
effects would depend largely upon the
causes leading up to the war. The ex-
tent of the injury would depend also
on the length of the war and victory
and defeat. We are greatly perplexed
j Vvbnn rra kn 1nAb-
for war. Should there be a Just cause
then we might feel sure of victory and
the effects might be easily explained,
why should we lay stress on the point
that there must be sufficient reasons
when war is wagedi Our country
through the Chinese and Russian wars
has contracted debts out of all proper
ton to her financial ability. In these
wars we fought for our own preserva-
ton, but the after effects are still felt.
AZ q result of these wars the people
were greatly awakened but we are
severely taxed in making financial adj
ljustments., Since we are already SO hard
lpressed in case war should break out
between the two countries il would be
useless to depend on domestic loans to
secure war fHnds, The only way to Sc
cure them would be to look to foreign
capitalists. It is rather painful to ex-
perienee, but the borrower, whether in
dividual or government, must awaken
the sympathies of the lender. Floating
war bonds would be an impossibility un-
less it could be proved to the satisfac-
tion of the leader the causes were Just.
Without ample war funds even a strong
army and navy could accomplish no.
thing. Without Just cause for war
we would surely invite financial failure.
If, unfortunately, as some idle dreamers
dream, Hawaii or the Philippines
should fall into our hands and, we
should secure to ourselves the control
of the Pacific what would then the eff
feet bef We WOnld at once lose the
sympathies of the Powers and have no
means Of securing war funds. Let us
go a little further into the question.
Certainly our, sailors and soldiers have
no equals in the world. This is no idle
boasting Of the japanese. Every sailor
and soldier is conscious that his life
must be given for country and really,
the daily training received all tends to
this. Accordingly we may reasonably
suppose victory would be ours, but let
us suppose. there were not Just causes
for the war, our brave soldiers might
not enter upon it spiritedly. Thus we
| hNt a Wai fNluntl Nhllbt was nut llSb anu
did not appeal to the reason wonId be
disastrous. War between the two coun.
tries would. not destroy the entire
trade, but American products necessary
to our industries, such as cotton, instead
of being imported directly would be i'm.
ported Indirectly by way of some other
country, and what we export to Ameri
ca would be handled in the same way;
but all goods elassed as Injuries would
! not he taken and that part of the trade
/ wonld suffer most. We know by onl
experiences in the Russian war that the
suffering Is felt more after the war
than during hostilities. The effects Of
the war would be more severely fell
as the war continues long and IN the
sphere is great ,e
II may Be useless 10 discuss the prob
able causes leading to war but. it viii
help as In determining what the effects
{ would be. Heretofore the problemi
( that threaLened the harmony. Of .tbl
!. two countries have been opposition X
the Japanese on the Pacific Coast
I economic questions and racial differ
B enses. Should We make Of these a c1sn
1 belli ana 5appsAf 10 the people OF TIL
patton thzt war. could not be RvoidAs
ws would htasd q poor chance Of win
" sing the sympathies II the world Tn
= able sfatesmsR OF the two c0nniTie
will meyer allow these trivial mBtfef
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: probleRs plat NAY lead 70 waFf ! eu
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