There are already unmistakable signs that the admirably timely advent of the English Squadron has done. not a little to dispel the gloom and depression which settled over this country upon the a nouncement of the result of the Portsmouth conference. The visit of Admiral Noel's men-of-war seems to servo as an opportune reminder tothe Japanese nation of the powerful and hearty support which this country can henceforth rely upon in her great work of commercial development. Not unnaturally. intense enthusiasm is manifested in Kobe, Yokohama, and Tokio.
Text read from the printed page and cleaned; old type leaves the occasional error.