The Cairo bulletin., 1912-05-02
TAKES RIGHTFUL PLACE
JAPANESE MERCHANT RAISED IN
SOCIAL SCALE.
Heretofore Only the Soldier Has Been
Looked Upon az Following a
Worthy Calling Emperor Has
Changed This Idea.

Japanese business methods have
been widely criticised. especially In
the last few. years. as lacking those
standards Of commercial honor which
prevail among Occidental nations. A
writer In the Atlantic says that tho
question most frequently put to him
since his return from the Orient has
been:
why is It that the Japanese are so
dishonest that they cannot even trust
themselves, and have to employ China
men at the head of all their great
business concerns?"
He explains this almost universal
impression by saying that the average
tourist usually has business relations
only with the branches of the three
great banks established In the treaty
ports When he cashes his letter of
credit he observes the singular fact
that the money Is being handled by a
Chinanan instead of by a native.
The simple truth" says the writer,
is that those three hanks--all Of
them. by the way, foreign concerns
are the only business houses In the
entire empire so conducted. VIII, I
, Japan was opened and these forefg!
corporations In China sent their
4 branches into the new field, they sent
their Chinese compradorcs with them.
! Yes, while all this can tie said.
and should be said, In the interest or
simple Justice, 1t Is nevertheless unde-
niable that In Japan the ideals OF
! commercial honor and the methods
adopted 10 the conduct Of business
are not what they are In the west,
and there is much of which the Ocei-
dental may justly complain.
There Is historical reason for
this. The fact that in the olden days
In Japan the merchant was placed at
the bottom of the social scale and the
soldier at the top, while in China ex-
actly the reverse was the case, fully
explains why Iaran has produced a
splendid so'diery. and he's woefully
suffered in her mercantile life. while
the army In Chiaa has been the sport
OF the nations though her merchants
have attained high place in the
world Of business credit. .....
"But even though the cake OF Gus
tom la the hardest to break, its pow
er Of resistance has been already ma
terially weakened by the wise policy
OF the emperor; and the merchant is
no longer the pariah Of the realm.
Prominent among those who by the
emperor's favor have risen from the
social dust into places Of highest
honor is a family whose history is sig
nifcant.
/ "The Mltsui family of Japan have
been called the Rothschilds Of the
east; but while the fame of the lat
ter has gone abroad over the world
the Mitsuis have remained practically
unknown except to a few western
merchants who have had extensive
dealings with the Orient. The Euro
pean family owes It's great renown TO
the fact that for a century there has
been no slightest stain upon its COM
mercial honor.
But it's career, It should be remem-
bercd, has been. passed in q world
where business itself has been held in
honor: while the Mitsuis. engaged in
q pursuit utterly condemned by pub
lie sentiment, for three centuries, In
spite OF the demoralizing influence Of
the social ban, have been trusted by
government and people alike, and
have kept the honor of their name I'M
stained Now, thanks to the new
spirit animating the nation, they no
longer stand 30 conspicuously alone"