Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-22
SEE CHANGE IN LONDON
POLICIES IN FAR EAST
Anti-Brilish Boycott in China
Causes Concern Among
Financicrs.
MAY AFFECT JAPAN TREATY
Gcrnnny ~ Well ms the United states
IL Progressing in Peaceful Pcuc-
trntloh Of Important Chinese MIR
kcts
Icy United News.I

WASIIiNGTON, Aug. ei.-pespi,o
repeated assertions in London that
England will not dcnouncc the Anglo
Japanese alliance unless something
equally as good can be secured to
take it's place. wcll-informcd circles
here are still anticipating a drastic
change in Downing Streets policies
regarding the Far East before the
disarmament, conference comvenes.
powerful argument, for the dis
solution Of the pact has appeared in
the Increasing anti-Br!tlsh boycott
when is gaining Roadway in China
According TO authorities well vcrscd
In Far Eastern developments. China's
suirosa boycott OF British interests IS
causing lao little concern among Britt
ish CAPITALISTS and trade interests.
Seek American Firms.
Already. IL is pointed out. that two
OF the largest Chinese government
contracts of recent years, including
the bridge across the Yangtze River
to hc the largest in the world. have
gone to American firms for no other
reason than that OF personal prefer
cncr.
few weeks ago British business
circulated resolution in London
calling the attention of Downing
Street to the detrimental effect Great
Britain's Pacific poiicics were having
| on British commerce and urging "A
Qualification OF the situation before
| irreparable damage had been done.
The efficacy Of new China's boycott
against Japanese goods was cited as
evidence OF the far-rcaching effect O:
tn" silent protest.
Exposure OF the casSel concessions
in Kwangtung Province also has
brought TO u head the consortium
ISSUE. which Will be fought out dur
ing the Washington conferences
American officials declare the Casscl
concession, which virtually monopol
ICES for England the Industrial re-
sources OF that part Of China. is II
violation Of the cnnsortium proposals
| Versailles.
Whether the North China govern
mcnt. which is recognized by the
United States, will approve the agree
Incnt made by the provisional gov
eminent OF the province. remains TO
be seen Japanese political pressure
ana nearly !, million doliars in Brit
ish gold are alleged to be cxerting
| pressure on rcking.
Germany seeks Trade
Peaceful penetration OF China by
Germany as we'll as the United States
Is progressing, according To Depart
ment OF Commerce kilograms from
Commercial Attachc Julian Arnold.
~ Picking
AN improving demand In the in
terror for foreign goods and more
satisfactory financial condition. to-
gether with the notable German ac-
tivity." cables Arnold. are the out
standing economic conditions in
Chine during The month ending Au-
gust lG." China's declared exports TO
the United states during the first
half Of 1921 amounted to 100000. 900
American gold white Canton exports
of raw silk alone during July were
valued AT more than S3.000.000 gold.
Notable increases in The import OF
American goods, especially automo-
bilcS and cotton, was noted, while
German exports OF synthetic dyes
kept the market below prices whore
other nations could successfully com
pete. Favorable exchange rates also
accelerated Germany's export to
China OF anilinc dyes and machine
tools.
The Chinese market will be one Of
the prizes bartercd for in the pre-
liminarics to the disarmament con-
ference. according TO informed Of
fcials. And, they aver. America and
Germany have tho inside track AT
present. Unless Britain clears her
skirts Of the Japanese cncumbrancc,
Americans will hold the trump cards.