The Washington times., 1917-11-14
Provost Marshal General Cowder Publishes Details of the Draft
j. S. PACT WITH
JAPAN CLEARS FAR
EAST PROBLEMS
By DAVID LAWRENCE.
fContinued from First Pags.)

Dy DhV1D La W 1hEA4NNHs
Continued from First Pags.)
intercourse would be renewed on
basis Of mutual trust and In . spirit
Of common enterprise
There are those In Japan who have
believed in establishing . hegemony
over China very much a. the i'm
perialistic minds OF the Pan-German-
lists have looked toward colonial az
grandisement. and very much as soma
| thoughtiess Americans have looked
south of the Rio Grends to Panama In
selfish gaIe-And even have indis-
creetly expressed that vision or lack
Of It In public speeches,
But there are those In Japan. now
happily In control. who do not be-
lievs Japan's destiny lies In swallow
ing up Chinese territory or In at
tempting to interfere with the sover-
eighty OF that republic, but Who think
the long-looked-for commercial ex-
psnsion which has become with Japan
. national Inspiration. can best be
realized by the promotion OF japanese
business enterprise and trade In the
Far East.
Action Cleared Up.
Hence the readiness on the part Of ths
as sweeping q promise a. 10 contained
In the Ishii-Lansing agreement. hence
the sending to the United States prompt
| ly Of Q financial miGsion which VIII ap-
proech American hnanciers with equal
candor and frankness. Japan. In other
| words. is losing no time availing herself
Of the splendid atmosphere created by
the Ishii mission to get on intimate
terms with American banking houses.
The meaning Of this II fully Appre-
ciated IN Washington. II means that II
Japan and the United States 30 hand in
hand In developing China. the advan-
tags to America In after-the-war trade
will not be ineonsiderable. There IL
room enough for both Japanese and
American industry In the Far East and
with equal opportunity for all under the
terms Of the Lansing g-Ishii agreement
So long a. China,S territorial integrity
and sovereignty is not being infringed
on. and 50 long as Japan, politically
speaking, can present to her public opin-
ion the prestige OF paramountcy which
10 carried In the term special inter
ssts,- the danger Of any political conflict
between the United States and Japan IL
removed
Finance Alters Opinion
Finance, then. has had much to dol
win altering the attitude OF the two
peoples, and II viii have q great
dead more to do In establishing O.
closer friendship and L better under
standing between the two countries.
Great Britain, Germany, France,
Russia, the United States and Japan
were the principals In the original
six-power loan proposal. but with
Germany out Of II, and Russia unable
to lend any money to China any more
than can France and Great Britain,
the field is left entirely to the United
States and japan. A1-A. a. I%.s2s
Most of the worIdeDbrpHnlH III
In Japan and the United ;StStaSSz This
country Is the Fiaat lending nation.
So also IL Japan loaninS ) money 10
Russia and the allies, though on 81
much smaller scale than the United
States But since ths-b6gthnInE of
the war. q steady flow of munitions |
has bean going to RussiA-fronf Jap0- |
ness factories and credit has been |
extended to Russia exactly a. has
been given the entente By the United
States
What more natural than that Japan
and the United States should Join IN |
financial enterprises In the Far East?
Indeed, so long as conditions are up
set In Russia, Japan will want to
be kept closely advised as to the d.
reetion Of American policy. II the
United States keeps on extending |
credit to Russia, Japan will do the
same. Conversely, II financial power
must be welded discreetIy in Russia,
American and japanese interests can
be effectively combined to accom-
plish the necessary purpose. ...
To Meet New. Ysrk Banksrn
Primarily the mission headed by
Baron Megata will make a study Of
wartime finance In the United States
and win spend much Of its time In
New York city after the customary
visits Of courtesy to President Will
son. Secretary Lansing, and Secretary
Mc-Adoo.
Conferences with New York bank
eers are being arranged. Some OF
Baron Megata's associates are Gfal-
lated with the leading business and
banking concerns In Japan.
Five missions from japan have
come to the United States in the last
six months. The Ishii delegation
was, OF course, entirely diplomatic in
character and representing the EN-
peror Of Japan. A commission from
the japanese parliament has been
studying American methods OF legis-
lation. A third commission OF rail
road engineers Is studying transpor-
tation- A fourth delegation of Japa-
nees school teachers Is still making a
survey Of the American educational
system And the NTH Is the financial
mission presided over by Baron Me-
gatl
Opportunity fer Agreement.
Never in the history Of Japanese
American relations have so many
missions come to the United States.
Never has the opportunity been so
great for the two people to send
emissaries TO bring about q mutual
understanding a. well as recognition
OF the true character Of the two peo-
pies. Trade between the United
States and Japan has increased enor.
mously In the last two years.
Today commercial relations are ap-
precishly stimulated by the good
feeling that prevails between the two
countries Japan and the United
States. for instance. are approaching
an agreement on the transportation
and steel QUESTION: Steel, IL will be
recalled. was embarEoed BY the
United states to the distress of