Japan's policy in Korea is attracting much attention here, in view of the recent agreement concluded by Resident-General Ito following the bogus Korean deputation to The Hague. From well-informed circles I gather that the maintenance of order in Korea will be left chiefly to the police force which will be strengthened. The garrison, recently reduced to one division, will remain at that strength and the contingent which was dispatched tol"! Koreas in connexion with the distarbances following the conclusion of the new agreement, is expected to be withdrawn in due course. An improvement of the judicial system ix proposed to obtain impartiality in legal affairs. It is that the judicature will be sufficiently improved to obtain the surrender of consular jurisdiction by foreign Bowers in Kores. Various codes will be, drawn up principal-after the Japanese pattern. Next, the development of national resources is proposed, particularly in agriculture. Agricultural banks will be established and funds advanced at) of peaceful and indus encouraged. This will materially improve the general character of the Japanese in Korea. As to mining enterprises, Japan has no intention to mobilize thea. The Japanese authorities will encourage the Japanese to rate frankly with foreign capital-ints for the exploitation of mines in Korea, It is Japan's intention to lay the foundation of " monetary standard in Korea with local gold.
Japan proposes to transfer Japanese farmers to Korea, but foreign countries are not expected to object to that, as the country and methods are not suitable to foreigners.
'A new financial scheme consequent the to the recent agreement was settled in principle in a recent State Council of elder statesmen, including Resident General Ito, and the Cabinet Ministers. Tye million and a half yen or less will be advanced by the Japanese Treasury for five consecutive years. It is to be chiefly assigned t6 the judicial reform. Korea's finances are expected to become self-supporting after five years. Korea's principal source is the land tax. Through the surveying of farming lands and the readjustment of the land tariff, the national revenue will be increased. A. castoms union between Japan and Korea is not contemplated.
Text read from the printed page and cleaned; old type leaves the occasional error.