Blue waters and green and the Far East today . hing but agriculture and fisheries todepend upon. The Government is making stren-uous efforts by subventions to build up manufacturesand shipping with some success, but she has no miner-als to speak of. A little copper, some in the neigh-borhood of Nikko. Some poor steaming coal. Noiron, silver or gold. The Nippon Ginko, the nationalbank of Japan, gave out a statement in Januaryshowing the national resources. Surely this insti-tution would not belittle the wealth of the country,and here are the figures, startling enough. It placesthe national weal


Blue waters and green and the Far East today . hing but agriculture and fisheries todepend upon. The Government is making stren-uous efforts by subventions to build up manufacturesand shipping with some success, but she has no miner-als to speak of. A little copper, some in the neigh-borhood of Nikko. Some poor steaming coal. Noiron, silver or gold. The Nippon Ginko, the nationalbank of Japan, gave out a statement in Januaryshowing the national resources. Surely this insti-tution would not belittle the wealth of the country,and here are the figures, startling enough. It placesthe national wealth of Japan, all told, at less than sixbillion dollars. Contrast that with our more than ahundred billion. The average annual revenue percapita is placed at $15, out of which they pay twodollars a year in taxes, leaving a net income for eachman, woman and child per annum to live on, of $ this is exaggerated, because it is based on anestimate of twelve per cent return on its capital,which can hardly be reached. The balance of trade[270]. THUNDER GOD, SHINTO TEMPLE. JAPAN. against Japan last year was fifteen millions. Thetotal agricultural product of all Japan last yearwith its forty-eight million people was less that thanof Kansas—less, in fact, than the egg crop of theUnited States alone. But think of an average annual income, net, ofthirteen dollars a head! You may if you are credulous believe that Japanintends to go to war with America, but personally,I believe the men who run Japan have too much could not carry on another war for a single last one cost her $1,700,000,000. She was atthe point of exhaustion when peace was declared,exhaustion not only of money, but of men. Thedraft that was going forward when the war closedwas what is known as the eighth line, the last, infact, for it was boys of eighteen and men of forty-five. She cannot make another loan, for every resourceis mortgaged now. But for the indemnity of fiftymillions that came from Rus


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