Japan And Japanese-American Relations ..

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It understands war is a costly business. It spent $585,000,000 in the Russian- Japan war, and the nation is staggering under the enormous debt of $1,125,153,411, or $21.50 per capita. People have to pay from 20 to 30 per cent of their incomes for taxes and a Tokyo paper (the Kokumin Shimfun) says that '' the heavy debts of Japan are more than the nation can endure." Japan realizes that its material resources are greatly inferior to those of most other first-class powers, and that the position a...nd ambitions of the nation require wealth as well as an army and navy.
The Japanese cannot get this wealth by agriculture; for not only is Japan a comparatively small country territorially but only about 12 per cent of its area is easily susceptible of cultivation. It is a land of hills and mountains. The val- leys are unusually rich, but they are not extensive and there are no vast stretches of rich prairie soil like those in Manchu- ria and the western part of the United States.
So the Japanese have entered upon a period of commercial and industrial development.


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