Nov, 90
The Japanese Minister at Peking, atz.°Yornizawa, interviewed by foreign correspondents this morning, in regard to General Yang Vu-ting's. statements yesterday, said that they were astounding statements to be made by a person holding such an. important and responsible position.
"Parts of the statements may be very harmful to the good relations. existing between Japan and this country," the Japanese Minister declared, "and there are parts which do not agree with facts.
While he had received no official intimation regarding the S. M. loan, he supposed it to be true, but, in his personal opinion, any ¢ommercial concern in Japan was entitled to obtain a loan from abroad when it finds it expedient s0 to do. Ho pointed out that Japanese banks in the past had raised several loans America and England and it was. open to the Chinese to do the same.
General Yang Vu-ting had said! that if Am wanted to Joan money to Manchuria she could have! Jdnoe so direct and not through Japan but Mr. Yoshizawa declared that he was sure that neither the Japanese Government -nor the South Manchuria Railway has objections to China borrowing money from America.
The Japanese Policy 'Regarding General Yang's statement that the money-may be used. for political purposes and that the Tanaka Government hopes to gain popularity' by representing to the Zapanese people that they were intent on a deep development policy Japanese Cabinets have made it their policy to promote the welfare of the Chinese people as well as that of Qe Japanese sin Manchuria, Wo have spent a tremendous amount Jof money in Manchuria, since the war with Russia, which has been profitable to the' Chinese. No one Jean dispute it—not even General Yang Vu-ting.—The present! [Cabinet's policy has been still further to develop Manchuria economically, for which purpose negotiations were started some time ago between General Yang and myself. While jean give no details in regard to these negotiations, T can frankly say that they concern the construction, of few railway lines, and also have to do with a few questions of purely: local character "which remain unsettled, between the Japanese Consul-General at Mukden and the, Chinese authorities there.
Text read from the printed page and cleaned; old type leaves the occasional error.