Like the " Japan Gazette," Yokohama, the "Kobe Herald" opines that while English people will unfeignedly sympa-this with American merchants engaged in the Chinese trade on the threatened serious consequences of the boycott movement, it is, we think; impossible not to discern in the nows which is being received from China indications that the present agitation has many features which are of good augury for the future of the Chinese people. Certainly, never before in the recent annals of the Middle Empire -has there been a - movement which gave so much promise of the birth of a new spirit of progress and-patriotism among its population." On the other hand, the semi-official Japanese paper "Kokumiti" holds that "those who want.to expel Chinese from Amarica are labourers, and those who are willing to avail themselves of Chinese labour in America are commercial and industrial circles, which.only can mediate the Anti-Chinese trouble inaugurated by labourers; but on the contrary the Chinese are now attacking American commercial and inilustrial circles, a of the labourers. Foreign trade is cam on for mutual interests, and the importation of American goods: into China is made not only for the benefit of Americans but also for the benefit of Chinese, who are, however, preventing it by means of the boycott." The results of the boycott are not confined to the damage caused to Chinese merchants, but will also entail great loss.of prestige in respect to politics
Text read from the printed page and cleaned; old type leaves the occasional error.