The Washington herald., 1920-09-21
Richard Spillane Says:

Thomas W. Lamont, Of the bank
ing house OF ]. P. Morgan and Com
pany. who is just back from a rather
extended trip TO China. japan and
Siberia, says the Far East bids fair
to be the greatest market for Amer
lean goods and American enterprise.
In this statement he confirms the
opinion Of not few dispsssionate
students OF world trade. There will
be tremendous market there in the
near future, he says and this spplief
particularly to China. Don't bother
about occasional reports Of disor-
der in China, be advises. Remem-
Der that IT is less than ten years
since the nation threw OFF the shckIe
OF monarchy only ten years since
China began to develop Itself. More
progress, particularly in outlook ana
In vision OF the future, has been
made in those ten years than in l. 900
years preceding. There will be great
demands for all the products Of mod
ern civilization. from the biggest
machines to the smallest OF indus
trial products.
One thing you should remember
In regard to China is that from time
immemorial she has been giving IA
the world and not receiving. Now the
hitration Of foreign ideas is spresd.
Ing through all the stretches Of N,
vast country. An illustrator ~
what China gives in return for liz.
Ie Justice and friendly help is fur
nished in the fact that. our of ~.
= money AmercA received as the Ro,e,
indemnity and returned 70 CbiDs a.
isoe' all the Chinese representative,
.he fesce Conference in Paris in
isls-eleven years later-vere edU.
IN the United States. and ell
tooay are spreading the light Of the
American republic in China
Not only that, but students edu.
caIed In America out OF the RoI.,
HuehHitr money have given $50. .OOr
harvard University for the edu.
Csioh OF other Chinese. and Amer.
can Independence Day and oth.,
American holidays are observed ir
sohe parts Of China as they are IN
tm'S country. How ardentIv tbs
|hihese desire American educstior
may De appreciated from the far,
lhat >. {. Chang. q young Cbines,
10" al the University Of PennsvI
wanna travelled forty days bv car,
ana BOAT and mule and 6ther coD.
neyance from far in the interior :,
ShahGhsi to take passage TO ,bs
United states in order to stud, 49,
he Is working in one Of the ppis
oeIphia banks now and will esta blIer
bank in China whrn he -etyrr,
home. rs
As to the charge that Jsnsr,s,
men Of business are untrust,,o'-,I',
ne says forget it" lie be,tsy.,
.heE are reserved but hohest Tansr
mas lot OF problems to solve 80
- In inc throes OF a commsrcfsI sr5
HhahciaI slump. together with So
,touS national disturbance owing n
"' u"hI nance Of the So-caIIed mill
@I'S'ic party. but she viii work
herSef out Mr.. Lamont is zI,,,s,
S cnth lsiastic about Siberia as
'hlna He says it is a wonderful
Ecouniry. the resources or g-Li.t,
hardiN have been touched. and The
people arc Of hardy. sturdy stool
oi whom great things NAV be a.
pected once they have Z chance ~
develop the country with the ss-
slstance Of the world outside
mere Is improvement in the DscE-
ing Of goods shipped to foreign crs-
TONERS, but not enough Some R-a-
zliians bought furniture from ysri-
out Grand Rapids manufactures
The total OF the Purchases vas
$4,000. 4 lot OF the stun arrived
In damaged condition owing to moor
Grating. Three manufacturers sen,
, their goods in such careful shane
that there was no injury. They Gor
repeat orders.
You Americans are driving II,
back 70 patronizing the Germans
one Brazilian buyer writes. The
Germans shipped goods as we de.
sired and took every precaution
Most Of you Americans do not. ".
want to trade with YOU but YOU
drive US of. Th- Germans give
credit to us on terms such as We
desired. You do not
IF you will not meet our needs
we reluctantly will be forced TO dc
our business with loUr competitors
You make many things we could
uses TO adVantsEe. but you infict
great loss upon Us by yoUr unwisc
and WaSfeful methods