| Show TilE THC PROSPECTS The pence peace envoys have no now arrived nt tit their cle destination and the tho negotiations will soon commence In The will undoubtedly be bl a n baUlD battle royal between betten and It will he be followed with Ith deep Interest In Ih tho entire diplomatic world nus Russia la lahila bus hila hitherto bern been considered almost t In Invincible invincible In till mIme of oC diplomacy In III fact ruel most of ot her marvelous territorial acquisitIons have been obtained In that la What uro will Japan cut cutIn cutin In the tho sor that Is to bo ho shortly on American soil soli for forth forth forth th supremacy In eastern Asia Somo of or our contemporaries have ex ox expressed pre pressed ed doubt KB us to the outcome of ot the congress They hold that the time peace ir prO prospects have become Ie less lees III lately teb In nil all probability they take o M Wilts Witte seriously forgetting that ho baa 1105 been talking through the newspapers rather millar to conceal his hili thoughts thought than to reveal thorn them Judging from nh all II signs I 1 both countries ur anxious for tor anti and especially Russia The Tho ho world at lit Ian large too has hu had enough of ot this timis In which Hit 1411 the advantages no so tar far ha has hll been on one side chic lle The world powers lire are therefore urging tho the to nut and this wo we belIeve will be done even at a n hIgh price I What Japan peace terms will Ili be will viiI soon be revealed The he war was vic commenced for timo tho purpose of at securing e control of nt Coma Coren preponderating In III Manchuria Ja Japan pan 1511 II Is overpopulated That Is In to say she h cannot produce tOOl fowl enough from tho tue land Innel to MU her people Sue She la is therefore looking the tue mainland for room In Iii which to expand and aM the peace terms term will establish her I light to todo todo todo do HO no unmolested The combined area arat of Manchuria and anti Cores Corea orea IH Is twice that of Japan while hilt the tIme population of oC the two countries named II Is only half that thal of ot J Japan J 11 An s Manchuria suit and Cou produce more food tood than they need and at as J p n manufactured mot more goods gools titan than the hem horn market can In consume It for tor the tho merchant nf of th the ISland Inland empire to effect an all filching exchange in order that all 11 th threw theu 11 ma Ina They ThOY nR may fillY call the arrangement about to b be made madean an cli open door but It wilt will soon be lie ap apparent parent that e competition with Japan In Inthea thOM thea mM markets will Ue IKI rendered def tl ex ax extremely |