The " Hochi Shimbun," " prominent] Tokio newspaper, argues that the peace now reigning in the Far East in consequence of " new balance of power established in Earope should not set Japan's mind at ease, En the contrary, the paper detects s serious cause of alarm to ber diplomatic position in the international syndicate now formed, which seems to have as its end opposi tion to Russo-Japanese enterprise in Maoburia. ural, thinks the paper, for sach enterprise to find the approval of the respective Governments of the syndicates. Moreover, the finances! weakness of China places her under the necessity of contipaslly appealing to och syndicates for help. On the other hand, the Chinese interpretation of the new Rosso-Japanese agreement io regard to their intentions in Mencboria and the be United States. These, guided finds sympathetic supporters in Europe
by this interpretation, wrong as it it, will find it to their own advantage to give financial support to China, 20 as to enable her to withstand the aggression of Russians and Japanese, In doing so, the United States and Germany are aiming at establishing supreme inflaence over China, and at di trouble with Rossi abe has ever bad with them. The present calm then, thiok the paper, bat] forbades a great storm coming.
Text read from the printed page and cleaned; old type leaves the occasional error.