The San Francisco Call. Newspaper, January 28, 1906, Page 15

mous expenditure erest of the war asands of pens garrisons in Mar of which ‘must om the war er resources of o ese there are th external loans, to wh Ststes so geperousl ssle of war whic own P re clear in Jap M w HEN ough an hour's years atine more h_is seople u ¥ ou his time have terview with Kore- kiyo Takahashi, care- fully studied his in- then yourself man who, has es- ait for y define the finan n, in so far capcerned, I hat the e 1906-07 fiscal year ng the next e affairs of the ex- fiscal ance Korea e rev- the ited the year ill remain ur re post bellum ar- anchuria and Korea ommenced. As a re- the next fiscal y ar fisca evacu coloring, and the normal financial pro- impossible earlter year. eded for the to be abeout that $400,- e war, and S necessary ents. Of the n expense 50,000, or, more t $180,000 will diers ’ those a sugges- aboyt t munifi- the fighting men of Japan an expense of $55,000,- are plea ates, m the This orf meeting 20,000 of the ann na- funds and $74,000.- meeting the sundry y expenses. From aside for war ex- ke 900,000 for sed to term the or- that are regarded extraordinary obli- dinary estimate we with the' proceeds consequent on the conunuance of war taxes, 35,000,000, and from the usual taxes, about $6,000,000, the postal and telegraphic ceeds in Manchuria and.Korea, as well as those secured through the amendments of the tax regulations. “+ The re es for the extraordinary expenses recent war the Gov- hoves to derive from theé sile spoils of war, which will-prob- ably net it about $6,000,000; the surplus of t account, about $18,000,000; the remainder of the public bonds al- ready launched, about $74,000,000, and the pub bonds in the proposed new home issue, $215,000,000.” And under this heavy financial strain Japan proposes to progress in a commer- cia and, according to Mr. Taka- e empire will have fulfilled her within & period of thirty n the meantime she will proceed the way the rovement of her railway, legraph and telephone services, her harbors. and her educational, agricul- g Japs abr while in the past thori- faet, scheme is the nent will recognition on his return. feeling abroad regarding ability to meet all her financial hs within the specified time, Mr. to my ced in query, ngly remar he great energy shown by the people of your own city, where the bonds were ver and over again -subscribed, to be included among Japan's creditors, I be- eve fully answers that question. "As the rep itatjve men of Japan .have al- ready announced our Government realizes that the cardinal object to be kept in view §s the maintaining of our credit abroad. The conflaence of the foreign epends a great deal on of ‘national bonds,~as; a bond issued at 90 is ioted later at it suggests a good westment, and is immediately. in de- mand as a security for accommodation. Unfortunately the exchange business in our country has not yet developed to a high state. In this country and in Europe the markets are powerful institutions where vast amounts of stocks and bonds may be handled without delay: In Japan B Ty~ SPOLGLIGISEGI RSSO | THE PA By W. CRAWFORD SHERLOCK. OHN, Ttliink it fs just aread- 6l tul What is that, Mary?’ Mr. Atkins laid dwn his paper with ill-suppressed ~ sigh and tusned to his wife, who was busily sewing on the oppositc side of the table. “There you are again, John," returned Mrs. Atkins, impatiently. “Frowning like a thunder cloud just because I dared to interrupt your reading that evening pa- per. It's always the zame thing. You ave become as settled in-your ways as if you were 60. Now, I think it is dreadful to let ourselves get that way when we've only been married fifteen yvears.” “What would you suggest, dear?” asked her husband, feeling:that the only possi- ble hope he had of resuming his paper y in mild methods. “1 have been under the impression that we werc rather a medel couple.” Why, we've lost all the romance of retorted his wife. “When we first met, ang even aftcr we were married, we used to take nice long walks and drives, or go to the theater ofter. Now we don't do anything but sit around-in the even- ings, vou reading your paper and I sew- ing until bedtime. It is not right.” Mr. Atkine did not reply; neither did he resume his paper. The wife's remarks had awakened memories of pleasant days of long ago, yet, pleasant as those days had been, the present life sulted him bet: ter. He loved his home. To him jt was Corftinually needs nursing, ve {ransactions quickly influ- the market and extens ence prices. “Japan yas not slow In arriving at the conclusior that in view of the numerous undertakings which will result from the settlement of the recent war with Rus- sia it is of great necessity that we should be in a position to gain access.to the s: slies of foreign capital, apnd that v be made a possibility by maln- the credit of the country'ssecuri- Large sums will be neeaed by Japan carrying oGt her plans for railway development at home, ds well “as In Korea and Manchnria; and also for the development of mines in the latter coun- tries view of these contemplated fmprovements it i§ easy fo understand that foreign capital will be needed ‘unfll such me, at least, when these new enterprises are on a paying basis. These matters were given their deserved con- sideration by the"framers. of .the new budget, who, in my opinion, showed good judgment in the replacement of the high interest bearing loans by lower ones." Concerning Japan’s relations with China Mr. Takahashi was not disposed to talk treely, he being seemingly of the opinion that those affairs are beyond his province as the financial commissioner of his Gov- ernment, and when pressed a bit he adroitly dodged the matter by remarking that the Americans have learned through the cable news as much about it ‘as he has, and then he turned the.conversation to Korea, -well realizing that the discus- sion could not be avoided. “There are many things to be consid- in and ir a the oagis where he could come after a strenuous day In the desert of business life” The quiet smoke and the evening paper after suppér, when the children were snug in bed, were sources of keen enjoyment. Being a just man, however, he began to consider the other side of the question. His wife had strenuous days, too] In the home, yet evening brought no change to her, ds it did to him. No won- der she vearned for the ramance of former days. She must have some relief from “the dull monotony of home life, and he resolved to see to it. i Accordingly the next morning Mr. Atkink purchased tickets for the night performance, at the theater. Mrs. At- kins just bubbled over with joy at the prospect and became quite girlish as she prepared for the unusual accasion. She clung to her husband’s arm as they walked down the street and n tied close to him inithe car. The fif-. teen years of married life were forgot- en. The four little Atkinses, slumber- ing peacefully at home. faded away for. the first time in their short lives from their mother's thoughts. Once again she wase a blushing girl seated by, her lover's side, The first act of the play was finished and Mrs. Atkins still dream: Then a. horrible thought forced itself upon her. In her hurry to dress sie. had forgotten to give Tommy his medicine. The boy had been sick, and the doctor had told her on no account to fail to glve the usual dose at night. This was enough. A ¢rowd of household cares SR ered by our Government in assuming re- sponsibilities in Korea,” said he, “a fact that was strongly emphasized recently fn a statement made by Marquis Ito on the occasion of his arrival in Shimonoseki. The Japanese Government, as was ex- plained by the Marquis, recognizes' the fact that the Koreans will not permit themsélves to be classed with the negroes of Africa, the Indians of America or the southern Malay. They are civilized peo- ple, who had learned .much of what China taught in the time of the Chou dynasty, when the immortal Confucius was born, and they now possess litterateurs of the first force. Undoubtedly to such a class of people it is humiliating Tor a foreign power 4 cross their border and assume control of thelr interstate relations and the duty of protecting the demain. It is hard for the Korean 1o realize that much of his national Iindependénce has thus been forfeited. ““The Marguis Ito as keenly appreciated this fact when he went to Korea as the representative of the Emperor of Japan. Likewise did our sovereign, for he con- veyed to the Koreans, through the Mar- quis, the assurance that Japan is sin- cere with the people of that country, and instructed the Marquis to express to them every possible word of comfort and the hope that some day in the near future the flags of Japan and Korea would be flying side by side, neither brighter nor more honored than the: other. - Fully recognizing the sitive nature of the proud Korean, our Government has taken partjeular pains to compel our soldiers to treat these people With the greatest re- P I SSING OF ROM surged upon her mind. Was little Mary covered up, or had she thrown her covers off and the careless maid falled to replace them? ' Had she placed tl dough in 2 warm spot so that it would be light enough in the morning to bake? , Had ther butcher brought the meat for breakfast and the grocer sent the coftee? 8he could not remember anything pertaining to her home; she had been so flurried in preparing for the theater. Romance fled for the time being at least. Mrs. Atkins became once more the mother and the housewife. Upon the plea of a headache she whispered .her wish to return home, and her hus- band, weary of the play and hungry for hig cigar and a glance at the even- ing paper, willingly accompanied her. The following afternoon, in pursu- ance of his plan, Mr. Atkins hired a horse and buggy to take his wife out for a drive. Mrs. Atkins, having been previously advised of the arrangement, had so providad for her household du- tles and the care of the children that no,perturbation of mind could possibly arise on these scores. With a buoyant heart, she sprang into the buggy and they drove to the park. Mrs. Atkins felt that nothing could mar the enjoy- ment of this occasion, but she agals reckoned without her host. Time; the _fitteen years, had changed her from a slender girl to a rather stout woman, nd John had likewise developed into. a very corpulent person. $ The seat of the buggy was too small spect, and I believe that they endeavor to do s0. In 'this way Japan has set about to have the Koreans adopt the best pro- ducts of modern civilization and advance themselvés with_the balance of the pro- gressing Orjent.” Mr. Takahashi is proud of the position that his country-has won for itself in the affairs of the world, and much of Japan's success he lays to the example that was furnished it by what he pleasantly re- fers to as its “friend across the sea—its savior in time of need—the United States, whose example its people have followed in increasing their power as a nation.” “Even after our teirible war with Rus- sia was over and our troops came match- ing or sailing homeward,” said he, “we emulated your generous feeling for your soldters and sailors by granting them a pension eystem that will insure them or their bereavéd familles many comforts in the future. There seems to be an In- herent regard for the American among the Japanese people, and no one has been quicker to observe the fact than those of you that have visited our shores,” and Mr. Takahashi might have added that he is one of the most appreciative of the American example, for it was to the United' States that his Jouthful mind turned for its first lesson in western civ- ilization many years ago. Several years after Commodore Perry had concluded a treaty between the United States and Japan—the date from which all modern Japanese apparently reckon - thefr remarkable advancement— Korekiyo Takahashi saw the light of day in. the “Land of Sunrise. Very early in.. HEX WAK By W L.BROWN CTHIS ALLOWS VS I75000,000 WITH WHICH T:0 FEWAED OUR: VALIANT o/ OLDIERS " SRID TR TAXAHASHLAFTEE £ his 1i power of concentration, which have been the means of elevating him to his present exalted position in financial matters In both hemispheres. While a mere youth he was impressed with the greatness of the United States, and in order to galn all the information possible to how so young a country couid be so far in ad- vance of his native land, whose reigning dynasty was older than the Christian re- ligion, he determined to learn the English language, and took up its study under the direction of that notéd Presbyterian missionary, Rev. Dr. Hepburn of Japan. Young Takahashi's association with Dr. Hepburn eventuated in his becoming a CHristian and had a wonderful effect on the mind of a youth who was destined to become a léader, and not a follower. The importance cf a knowledge of the English language was sb indelibly impressed on voung Takahashi's mind that at the age vears he maintained a school in To- e only 'English was spoken. In of the conditions and causes of as his studs the marvelous development of the United States young Takahashi soon learned that one of the potent factofs in that @irection was the genius of the American and that a protection was afforded that genius for a limited period by the Government through Its patent system. When that point had been reached and he felt that his theory was safely ground- ed he took up the study of the patent system with his studious application, cor- rectness and thoroughness. At that time he was junior Secretary of the Depart- for the full enjoyment of the trip. In- deed, it soon became simple torture to Mrs. Atkins as they jolted over some rough places. “John, T can’t stand this any longer,” she groaned as the buggy went over a boulder lying in the road on her hus- band's side and his welght pressed her against the sidebar of the vehicle so for- cibly that she felt sure her hip was dislo- cated. s “It's pretty rough,” assented Mr, At- kins, who was equally uncomforfable. “Let me slip back and 'you sit on the edge of the seat. That'll glve us more room.” x This arrangement did falrly well for a time until Mrs. Atkins, sitting bolt up- right, without any support for her jback, began to feel the effects of her strained position. Her husband, thinking only of the days of long ago, placed his disen- gaged arm around her waist to support her, but his wife decidedly objected. “It is broad daylight, John,” she de- murred. ‘“What would people think if they saw us driving in the park in such a wav”? You forget we are old married people.” *“That's what I thought you wanted to forget. Mary,"” observed her husband, rather relishing the turn affairs had taken, *89 1 do;” returned Mrs. Atkins severe- 1y, bt you know I never allowed you to put your,arm around me when any one was present. 1 think we had better go home.” v - As they turned into the road that led AANCE OO NSNS SO00 0000000 0000000000008 homewatd they noticed 2 mass of dark clouds that had gathered in the west. Mr. Atkins applicd the whip freely, but the liveryman had selected a horse suitable for the use of a middle-aged couple, and all the efforts at fast driving were In vain. The big drops began to fall and then thé storm broke in all its fury. They were a mile away from shelter, and Mrs. Atkins would not let her husband drive beneath the overhanging branches of a tree tor fear of lightning. The rubber laprobe and the side and back curtains had been forgotten by the man who har- nessed up the team. The result was un- pleasant. A limp, disconsolate couple alighted at the Atkins home just as the storm broke and the sun streamed forth again. ‘‘Mary.” said Mr. Atkins the next morn- ing at the Dbreakfast table, “we've tried the theater and the driving, but they didn’t seem to bring as keen enjoyment as they did in years past. This evening we'll take a nice long walk and see how that works.” “Indeed we won't,” declared his wife, stifiing_a groan as a twinge of rheuma. tism made :its presence known. “I've had enough, thank you, and in future intend to conduct myself as a woman of 4 should do. No more playing I'm young and giddy again for me.” “Thank God,” returned Mr. Atkins, fer- vently and piously. “T'm pretty stff my- self from that ducking I got last night, but I was determined to get romantic again it .1 could.” (Covpyright, 1906, by Beatrix Reade.) he developed a studious habit and - ' Entering LITTZ LEUXING- ment -of Agriculture and Commeree n Japan, and upon his' own suggestion he was made.a Commissioner of Patents, with authority to fully investigate the patent laws and systems of the several foreign countries, with a view of perfect- ing a like system in Japan On Nhis first official tour abroad Mr. Takahashi visited Washington in 1585, and although then but 27 years of age he as- tonished the officials of the United States Patent Office with the knowledge he had already acquired gf that governmental system. At that ti Schuyler Duryee of Everett, Wash., who is now staying at the Grand Hotel In this city, was chief clerk of the Patent Office and was dele- gated to ald Commissioner Takahashi in his search of practical knowledge of the patent law and its adminfstration. As a result of this visit to Washington the ex- change of patents between this and foreign countries was extended to Ja- pan. I mention Mr. Duryee's name for it recalls the fact that the acquaintance that grew out of his relations with Commis- sicner Takahash! in Washington devel- oped into life friendship and induced the former to christen his son Korekiyo Taka- hashi Duryee, after the man who is now regarded as the greatest financier in the Far East Returning to Tokio later Commissioner Takahashi established and thoroughly equipped a Government patent office: Later he took up the banking business, and it is about that time that his career began to shape'itself for one of the most responsible positions that were bestowed by his soverelgn during the recent war. the employ of the Yokohama Specle Bank, Mr. Takahashi téok up the study of finance, and with a wonderful faculty for studying he delved into the history pf the worid’s flnance for several hundred years back and soon became the recognized authority in Japan on the sil- ver free coinage question, the history of currency, both past and present, and oth- er great problems that have worried the men of money. N It was while thus engaged that his abil- ity attracted the attention of the Gov- ernment and earned for him the position of vice governor of the Bank of Japan, which he still holds. When Japan saw that avoidance of war with Russia was impossible she called Mr. Takahashi into the councils of her statesmen and he went abroad to negotlate funds for carry- ing the war to the emd. The history of the war tells of Takahashi's success in planning the financial salvation of the Mikado's realm. ¥ Mr. Takahashi is an ardent advocats of the abolishment of the written language of Japan and is a member of the society which was formed several years ago to promote the theory that the progress of the country is being deterred by the com- tinuance of a language that capnot prop- erly express to a foreigner through its odd characters the ideas of a progressive man. In speeches to his countrymen he showed the need of adopting a word lan- guage which could be written in the Eng- lish form and serve to advance the wi fare of the people socially as well as commerecially. He Is still advocating this theory, and predicts that the day is not far off when the characters of the Japa- nese language will have become obsolete.