"That is to Dr. Was! writes by way of elucidation, "money didn't move from span to China" through the natural operation of economic Tiws. Japan was a debtor nation Refore the European war and 80 again, Except for the—brief Heviod of the war re have tal invest abroad and these ¥, 2,000, {600,000 would never have moved 9
China but for the profit that was expected to come from special pri-wed oF to be secured by political force, A disunited and Chaotic China prevents the smooth operation of these investments, but if China is unified and becomes ble to look' after herself, these Investments will, inthe long. run, have to be reduced to the limit these industries can bear under normal Chinse conditions and with-ut special protection, which, will deflate the amount considerably."
The problem facing Japan Ay, wsimilax sto home,.-The Hiang'was prompted by the suggestion of lending money to the den chieftain, and he thinks it lucky for Japan that the loans we not. really made, a3 he thinks that, in case they turned out to be unprofitable investments, the Japanese. Government would have been throwing away the hard-earned. money of the people here and even weakening this country's financial structure.
What is needed, he thinks, ise: natural return tothe operation of economic laws. Japan is 0 natural masker for most of Ohins's raw materials and China herself will suftif she loses this market,: so that it would be stupid to depend on political force to get what raw materials Japan needs for her me dustry. Japan must. put her own home=finanees in order, and -then proceed to build up an economic' fabric that can stand on ite own' merits, which the old policy. of relying on force of arms to secure sources Gf raw material should be definitely eschewed.
Text read from the printed page and cleaned; old type leaves the occasional error.