OCR Text |
Show H . I, U Japanese commercial interests are protesting Hj ! against tho proposed Chinese tariff law nnd aver H m that It is not a mere revenue measure, but a pro- H n m tectlve tariff. Doc? anyone suppose for a mo- H J ment that Japan is solicitous for the welfare of B ' m China? Not at all. Japan realizes that a pro- H tcctivo tariff in China will discourage importa- B y: i tions and will build up Chinese industries to the PVRS ' j detriment of her own trado with that country. PVAVM I ii Japan looks with disfavor upon a protective tar- PpHlj iff for China for exactly the same reason that PVVM ' 1 i European countries, and Asiatic countries as PBHf I I if j well, look with disapproval upon a tariff law In PPB,' ill America. And for exactly that reudon Ameri- VJH; i I M cans favor it. |