The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-29

American and japanese ambitions. Tho
Held 10 no wide n the opportunity 30
enormous that there should be room for
seem reason to fsvoYxbiy consider the
Japanese statesman's suggestion.
without intimSting that the SUCCESS
ton Of commercial cooperation with one
Of our Oriental neighbors In developing
the resources OF another may conceal an
Interior political purpose. Americans
would be wise to examine II upon busi-
ness grounds.
Sasplcloss Of Japanese.
II would he difficult 70 reconcile the
Chinese to such cooperation. There liz
q instructive fear In China of Japanese
proposals. There Is. In fact. u longing
deep In the minds Of her most advanced
thinkers for investment In their country
Of foreign capital other than Japanese.
not solely. perhaps not chiefly. for the
d. velopment OF the country. but to con-
stitute u barrier against Japanese sg-
gression. In view Of this sentiment an
invitation from Japanese sources to
operate American capital In China with
Japanese personnel must be considered
unwise. and IL America ID to respond 10
China's appeal to help her meet the
worlds demand for her commercial de-
veiopment now is the time TO act, before
the field has been occupied BY hostile
interests.
The dlficulty IL to arouse in the minds
Of the American exporters and investors
the thought Of the des.rability and prof
liability Of attention to the Chinese field.
We arc too apt In this country to wish
only TO sell 20 and not TO develop for
c,gn markets. Americans argue GRO
and con AZ to whether or not trade fol-
lows the nag. which may be uncertain.
but they neglect the evident truth Of
the maxim that trade does follow the
dollar.
Where foreign money has zone into
China to build roads and mills. TO de-
velop mines m industrial processes
and 10 effect modern improvements. not
only has the original investment Gener-
ally proved n success. but the trade
thereby brought to the country OF the
investors has been undeniab!c.
American money some years ago
helped to establish w~aterworks in the
city Of r!entsin. on the initiative OF
the writer Of this article. and nearly
every imported requisite for the plant
was bought In America Similarly.
other plants under American Initiative
IN various parts OF the country have
been largely equipped through Amer'-
can factories. As a rule. however. in
these cases the money was contributed
by Americans residing In the locality
and was Uncomfortable In amount. All
efforts TO get money from Americans
upon a large scale for investment have
been vain. OF other countries this Is not
true. Capital from England. Germany
and France has n freely to China
for investment. and In all CASES the In
dustries thereby created became feed
srs Of tho markets from which the m
Rme
II b certain that Ameroars can I'M
equal opportunities In China, and for
those who are Influenced by the interests
OF me Chinese II may he confidently
stated that American Investment IN
Chin. will be Of great value to the
people. In particular II would be =
great advantage for China u the oun
try were not abandoned to tho exploita-
ton Of the selfish Powers now showing
such intereAt In her.
Tho ~dificulty II that Japan 10 keen
and ready 10 act and the Americans
are spathetic. We talk OF foreign mar
kets. OF securing "a foothold Tor the
future. and va shut our eyes 10 the
opportunity which In the present state
Of European industry Is offered TO US
IN eastern ASIA. Let US face the situa-
ton and decide to act.
Let US recognize that Japanese de-
mands on China may have their root
In IN irritation natural 10 AN enterprls-
ing people. which sees the Government
Of an adjoining wealthy country hold
ing back from 4 commercial progress
which would benefit all the world. and
let US coma to that country's assistance
before the plausiblltty OF such demands
blinds the world 10 their ultimately poll
teal character.
Let W. recognize further the fact that
We could DO Of enormous assistance
10 China by taking AN active financial
part In her deveiopment. We can ind
profitable investment there, and by ouP
Investments We could take y great step
10 insure that country's political integ-
rity.
II the American Government could
make II clear TO Japan tina, w look With
disfavor upon her Chinese projects only
30 Tar AS they nave a political bear
Ing. and II II would make clear 20 this
American public the: their Investments
abroad will have the protection which
We have y right to export, we should be
able to secure IA foothold in Y market
OF normous possibilities. and perhaps
turn IN "A commercial direction PLANS
wh'ch now threaten TO assume a dam