Jasper County Democrat, Volume 16, Number 83, Rensselaer, Jasper County, 17 January 1914 — China Hopes to Attract American Investors [ARTICLE]

China Hopes to Attract American Investors

By General LI YUAN HUNG.

Vice PresK

dent of China

IT may be stated that China as a government or through individuals does not possess the proper nieans for the development of the country. Our principal hope, therefore, is in the foreigner. I wish that 1 might be justified in saying that it was in the American. The president and myself have discussed this important subject several times, and we have agreed that an appeal or invitation to the moneyed men of the United States should have serious consideration. President Yuan Shih Kai at one time expressed himself as FAVORING A LETTER DIRECT TO PRESI- - WILSON, setting forth the earnest desire of the Chinese government that Americans become heavy investors in our country. I believe he actually made a start on Such a letter. THE JAPANESE ARE WILLING INVESTORS—TOO WILLING. WERE THEY GIVEN THE LEAST ENCOURAGEMENT OFFICIALLY MILLIONS OF YEN WOULD BE SENT TO CHINA. THIS MONEY WOULD OSTENSIBLY COME FROM PRIVATE INTERESTS, BUT WE KNOW THAT THE GREATER SHARE OF IT WOULD BE FUNDS OF THE IMPERIAL GOVERNMENT ITSELF. ALREADY JAPAN HAS MADE SEVERAL LARGE LOANS TO TWO OF THE PROVINCES, THE AMOUNTS AGGREGATING $12,300,000, BUT THERE WILL BE NO MORE OF THESE, FOR THE REPUBLIC IS AGAINST FURTHER LOANS FOR ANY PURPOSE FROM JAPANi We have more trust by far when dealing with Europeans,, the English, French, Germans or Belgians, and many large enterprises Conducted by Europeans have lately been inaugurated. BUT WE ABE ALL HOPING THAT CHINA AS A SUPERIOR FIELD FOR INVESTMENT WILL ATTRACT ATTENTION OF THE CAPITALISTS OF THE UNITED STATES.