The Hawaiian gazette., 1916-01-21
BIG FINANCIAL
INTERESTSB back
YUAN N CHINA
Professor Adams Of Ann Arbor
Says People Around Picking
Favor New Emperor
WHAT NATION NEEDS
IS SOUND GOVERNMENT
interference From Outside and
Lack Of Internal Control
Menace Celestial Nation

Lack Of Internal Control
Menace Celestial Nation
Big financial men Of China are
standing back Of Yuan Shihlkai and
The mUhntchical form Of government
which he has restored to that country.
They are doing IL because they realize
the Chinese nation Is greatest need Is
stable government and feel that event
ually Yuan, as emperor, can give H.
-Chna 'ssgreatest dangers today are
interference from outside, and lack of
stability In her government NJ says
Prof. H. G.. Adams, head Of the depart
ment of political economy at the Uni.
versity Of Michigan. who rs a passenger
in the steamer Shinyo Marn EN- route
homie from Picking! Accompanied BY
his wife and son, Professor Adams Is
returning from a four mouths stay at
Peking where, rs advisor to the minis.
try of Communications of the Chinese
government, he has perfected q stand.
ard systeIn of accounting for the rail-
ways of that vast country Hsit
~. uhu comparatively llJtlc LfaNellnR
while there he said, land for me 20
attempt 10 dlscuss China 3 politics
would be folly. But it is certain that
what the land requires Is Development;
IL won I get = without solid, safe, re.
liable government, and many of the
largest financial interests believe Yuan
win be able 10 solve the problem 4
Has Confidence OF People -
81 There is no doubt he is large,
forceful, masterful personality. He ap.
pears to have won the confidence of the
people in the district in which Picking
is situate and believe they, at least,
are going to support him loyalty.
Industrial progress is at stand.
still in, China at the present time. This
Is particularly true of the RAILWAYS.
Some vastprojeetsh have been undeftak.
en- but work ceased when the revolu.
ton began that overthrow the dynasty
Of the Manehus. and II stopped again
when the European war broke out
Lines of communication are badly need.
ed, for they, of course are vital TO the
nation g advance commercially and. as
a factor In civilization. = 1t'FlHI
''One of the largest railway lines
proposed and begun is that from the
city of Hankow to Canton, a road that
w0ild work wonders IN opening up
China and bettering the condition OF
her people. But actual constructions Is
abandoned temporarily and there is no
telling when it win be resumed. III,
Briefly this is the situation. China
owns her railroads, but they an are
built by foreign capital Unless the
confidence of these foreign Ioaning
syndieatcs be gained funds are not
forthcoming. There is not a great
mount Of American capital Interested |
in Chinese railways now; much of the
money has como from British, Belgian,
Russian and some French interests.
ihbse sources were cut of abruptly
With the outbreak of She European war.
Chance For American Capital
There Is 4 possibility that AmerigI
AN capital may be Induced to enter the
ihinese field. That is merely guess, \
however. The syndicates undertaking |
% build ra ways, of courses have IN |
listed on having their own engineers |
md each syndicate insisted on Keeping
IN independent accounting SYSTEM for |
he, line over which il had charge,
ibis was necessary. because an account, !
w HtuutN W lut
3nt 1t led to a great diversity of rail. I
Dad accounting systems and this nathr-
lily meant confusion. "a. H., n
Realizing the necessity of estab-
ishing standard method the ministry
II commun alton engaged me. l made
ny first trip to Picking about two years
Igo and completed the Standardization |
returned this time merely to see how
he system Is working, and found it
Iervinc with emineDt satisfaction.
I D" The result is that In the very near
'uttre the first general report ever
made on the railways of China will be
ssued and made public to the world.
am safe in saying that the showing
! will make will tend TO raise China's'
fedft in fofeigh markets, where invest,
nents of that character are eohsidered,I
'Or her railroads so far as built have
,een highly successful i
- = You will understand that practical /
y all lines are small as vet, the major, |
by bbifig no lnIore than one or two hnn.
lred miles each in length. These need |
o be cemented together in a close /
working Organization and TO have the |
COPE of their operations increased
Professor Adams remarks on this |
Joint will recall to many readers the
announcement a month OF two ago that
isorge Bronson Rea, an American enij
ihenr, and JOURNALIST, was awarded q
rand prize by the govefnment of
nina for the best plan for a national
ailway system The details of ths
han submitted by Mr. Rea are still
cert, but II Is understood il eohtehl.
'lates the building Of II 900 miles of
uad AS \ Degiuningp of a complete
al'way system for China. IT,
Professor Adams is an autho-ity on
atlway accounting having served for
nany years as member Of the Inter
tfte Railroad Commission in the Uni.
ed States. = % " u1s ~
He and Edwin u. Neville, American
ons'l at Formosa, who also is pass
niger in the Sbinyo Maru, were quests
( the University Of Michigan AumniJ
ssceiation at luncheon al, the UniSers-l
ty Club yesterday! Neville Is grad.
ate of the class OF '07. Mrs. Adams
as the guest Of Mrs Randolph Scott
I lnnrhren Thrnaytp sioppc,l. at the
Onng Hotel last night, resuming their
omeward journey by the shmyo this
corning 4,