The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-13
What's What in Washington
u, S. Gun Boats
In China Cause
Business Slump
(Bv A Sal Correspondent.l !

(By A Staff Correspondent
WASHINGTON, April 12.--T h e
Coolidge Kellogg laundering in China
is beginning to hurt the American
business man.
The department of commerce in a
report on Chinese trade finds that
the United States has suffered severe
curtailment and losses in ats Chinese
business. Last year China was
Americas eleventh best customer.
The situation is such at present as to
indicate that American business men
will experience millions of dollars
worth of losses.
Business Ends.
The commerce department reports
that American business houses thru
out China are closing their places
and evacuating their establishments.
The department does not comment on
the reason for this, other than to OBJ
serve that the development is quite
recent. 1t takes little understanding
of the situation to realize that not
until recently has the Coolidge-Kel-
logg gang openly backed the British
"forceful policy" and that this pro-
British stand has caused the change
in attitude toward Americans by the
Chinese.
Up until early this year Ameri-
cans on the strength of traditional
friendship were not molested by the
Chinese.
Chinese Hit Back.
With the gradual involvement, by
crafty British diplomacy and the
eager aid of our minister and mill
tary and naval officials, in the iron
fist policy toward China, the Chinese
have come to the conclusion that
Americans, regardless Of the past,
were no different now than other
self-seeking foreigners. The result
of this change of attitude has been
staggering blows to American bust
ness.
1t is these losses which in the long
run will have most effect on our
policy. Reactionary journals, jingoes
and militarists, professional British
toddiers, may shrek and cry inter
vention, but if it digs down into the
money pocket of American business,
it may reliably be said that Mr..
Coolidge, in spite Of himself, will be
forced to go slow.
Separate Notes.
There is every indication that the
business returns have already had eff
taet It is being reliably said that
Britain in joint note to the Chinese.
1t is possible that the notes may be
quite similar in tone and content, but
they will be separate notes. This
may not appear to be much on the
surface of affairs, but it is really a
tremendous victory. There can be
no question but that for a time KEEL
logg at least was all set to line up
with the British-if for no other rea-
son than that he didn't know what to
do and felt that the British might
have some program.
The commerce departments fig
ures are highly Illuminating. They
are vivid evidence of the power of
the Chinese revolt and the effective
ness Of economic penetration" In
1926 China bought S11O,2O5,O14 worth
OF merchandise from American man
ufacturers and in 1925 $94,442, 189.
China exported to the United States
goods worth SAB, ,165 in 1926 and
S16S, 939,009 in 1925. In the first
quarter of this year this business has
sustained losses amounting in some
instances to as much as 90 per cent.
Then too, even aside from losses on
these imports and exports, American
business will suffer other setbacks by I
falling American prestige.