Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-12
SEEKING n. RKBTS IN The EAST

popular and attracting higher class
Of men. In 1919 there were seven
american Arms in Hangkow. and at
the end of 1917 there were fifteen.
The business men who have been
Looking over the opportunities say
pansion of American business in
China. No other section OF the world
offers greater markets ea"ally con-
tiguous to the United States as to
European competitive nations. To
take advantage OF these opportunities
America must bai:d up an esiicient
commercial organization similar to
thoae OF the successful foreign mer-
chants now established. It is to fos-
ter such organization that the Webb
Pomerene export trade act was
passed; that the Fletcher bill for f7d-
eral Incorporation has been intro
duced and that the departments of
State and Commerce are strengthen
ing in number ard quality their con-
srlsr and commercial attach" forces.
Those who have looked the fed
over say that in Chin" the ma ch'nery
for exploitation can best be perfect
ed in it's initial stage by combination
pointed out that British interests de-
welcomed originally under one strong
company. although there are now
many OF great Importance. The Jap
anese did their pioneer work in a
similar way. and now. although this
first company still holds the lead.
competitive Japanese firms have been
orRarixed.
What America Weeds in entering the
Chinese field In Mig way Is one
strong co~panv ca~a"1e Of combining
the various possible interests with
out creating permanent monopoly.
Because OF the growing interest OF
American capital in the possibilities
OF developing
Inquiries Into Trade the resources
r,,,... OF China. the
@oSsiUiAAtAes' bureau of for
eiEn and domestic commerce has con-
Quoted a. series of Investigations.
study of the markets for railway
equipment in Australia, China and
Japan was completed few months
ago, and has since been engrossing
the attention of trade projectors in
this line. A voluminous report on
the prospects in China is soon forth
coming and is expected to accomplish
much toward improvement of trans
portation facilities and the getting
out of raw materials.
OF timely Importance is a study still
in progress on financial and eco
nomic conditions In China. This Is ex-
pected to show American capital how
It may probably find a rich field for
development while at the same time
serving well American interests by
the shipment to this country Of raw
materials to be refined in the factories
Of tho United States.
experimenting survey of the min
eral resources of Japan, compre-
hensivc report on which vii, very
soon be issued, an inquiry into the
mineral resources OF China has been
minerals will play a large part in the
development OF China and will af-
ford 4 welcome field for American
capital. technical skill and American
enterprise.
In order to round out the informa.
ton for the guidance of American
exporters and importers, a study OF
portation facilities of China and other
far eastern countries are being con-
tinued. From evidence already gath
> - ts seq etary OF Commerce is led
to proclaim that:
the potentialities OF China as a
field for American enterprise make
such Investigations very desirable"
The bureau Of foreign and domestic
commerce Is already well equipped
to counsel and direct the trade in
terests seeking wider outlet for
their goods in China and other far
eastern countries. An appropriation
available July last has been made
by Congress for building up an eff
cient organization for handling far
east matters.
It has been arranged to centraiize
all activities related to the far east
and to have a corps
Special Far East of assistants spe-
n. Gializing on these
on the several countries. Conferences
have been held with manufacturers
exporters and bankers interested in
far eastern trade. so that they have
been brought into cooperation with
the federal bureau for the closer knit
ting together OF trade bonds. Through
NH0SF conferences the ie0Sfdl puISdu
has been able to lay before these
financial and trade leaders specific
opportunities for investments and for
the increased sale OF goods in China
and other tar east countries.
As result OF this Burwei1 s. Cut
Ter. chief OF the United States bureau
OF foreign and domestic commerce,
reports that the far eastern division
IL being called upon more and more
~ representatives of various govern
mont establishments and trade or
gAnisattons which require special
studies OF shipping and particular
phases Of trade in the Pacific. Thus
the division and bureau have been
ness policies along straight American
iinss for far eastern trade
The trend of commerce particularly in
these early after-war days is shown
in the fact that the two biggest units
Of tha bureau of foreign and domestic
commerce are the Latin American d.
vision. compromising South Amer
lean trade, and the far eastern tliyi-
sion, which is finding the bulk of it's
work directed toward United States
trade, exchange with China and the
development of the tremendous re-
sources Of the celestial kingdom
Z: !;
Commercial Attache Julean c.
Arnold, stationed at Picking, is CO.
operating from the
Missionary other end of the
line to prom 0 I e
at Shanghai. American trade in
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