It is difficult to carry out the original plan to give the Philippines he Interests of Japan Trade with the United States and the Necessity, for Friendship: The Position of the Philippines The following iv the text of special interview the Hon. Morgenthau gave to the "New York Timea' on kis arrival in their independence as soon as they demonstrate that their government is stable. A government, according, to Governor General Wood is stable when there is a ready ffow of foreign funds seeking investment in its country at normal America on April 16 last. After thaw spent a few days in Tokyo In spite of the importance of our} sition in the Pacific there seems little general realization in United States of the vital] terest to Japan of uninterrupted ade relations with our country. It these relations wore broken ren for a very short time the Yect on the Japanese economi rupture, would be disastrous. ast year the United States bought, 140,000,000 of Japanese raw silk, als was 98 per cent. of the most alnable export product of Japan. he United States also took od er cent, of her export of grass) ags, 45 per cent, of her camphor, hich comes from Formosa, 51 per ant, of her brushes, 38 per cent. of er pottery and 30 per cent. of all er toys sent abroad, American imports to Japan still erther demonstrate to all intelligent copie the evident ne ity for] apan and the great desirability for ne United States of the; continuance of good relations. beween the two counttes, The United irates is providing Japan with 88) er cent. of her automobiles, 84 per ent, of her import lumber, 70 per ent, of all her building and contruction material, 50 per cent, of et petroleum products, 50 per cent. of her machinery, 64 per cent. of ver leather and 40 per cent. of her} heat.
The Results of the Earthquake An amazing and most convincing] wray of figures! Mr, Morgenthau lad the opportunity to meet at} uncheat dinners and other' unctions and have long, serious dis sessions with most of the leaders fapan—Baron Shidehara, Prince Tosugowa, J. Inouye, Dr, Dan, Vice fount Shibusawa, Tsurumi, Hanthara, Baron Ishomoto, Viscount Goto and, others. Although most of them still! resent our "Exclusion Law," all liza that for economic, poli strategic and many other reasons, must strengthen the close, and most profitable of the two countries: any war, irrespective of the out-some would do irreparable damage to Japan, One must have visited Tokyo and Yokohama to understand the terrific injury done by the thquake and fire. The Japanese, still stunned from its effects. They are heroically repairing the, damage, but it is slow and expensive' work, unfortunately they can't revivify the dead.
'The Japanese iration of the prompt help'
sympathy we extended them in those days of dire distress.
Formerly, some of the Japanese like others elsewhere, regarded us As an overgrown, provincial, smug and self satisfied nation with limited military resources, whilst since our contribution to the win-' ning of the World War they recognize our enormous _potentialit; in war as well as in peace. Their statesmen, who are as keen and farsighted as any in the world, fully appreciate the changed conditions: and particularly that we now are the determining factor in world affairs and that.in any future world tug-of-war, the side we pull with will win, They a1 most solicitous for our friendship and are anxious to counteract and destroy the evil effects of the pre-war anti-Japanese propaganda in the United States,
Text read from the printed page and cleaned; old type leaves the occasional error.