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VOLUME CXXII

The Annals

NOVEMBER, 1925

EDITOR: CLYDE L. KING

ASSOCIATE EDITOR: JOSEPH H. WILLITS

ASSISTANT EDITOR: J. T. SALTER

EDITORIAL COUNCIL: C. H. CRENNAN, DAVID FRIDAY, A. A. GIESECKE, A. R. HATTON,
AMOS S. HERSHEY, E. M. HOPKINS, S. S. HUEBNER, J. P. LICHTENBERGER,
ROSWELL C. MCCREA, E. M. PATTERSON, L. S. ROWE, HENRY
SUZZALLO, T. W. VAN METRE, F. D. WATSON

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84597

Copyright, 1925, by

THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE

All rights reserved

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EUROPEAN AGENTS

ENGLAND: P. S. King & Son, Ltd., 2 Great Smith Street, Westminster, London, S. W.
FRANCE: L. Larose, Rue Soufflot, 22, Paris.

GERMANY: Mayer & Müller, 2 Prinz Louis Ferdinandstrasse, Berlin, N. W.

ITALY: Giornale Degli Economisti, Rivista di Statistica, Milano (26)—Via Canova 27
SPAIN: E. Dossat, 9 Plaza de Santa Ana, Madrid.

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PART II. COMMUNICATIONS, COMMERCE AND WEALTH

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FOREWORD

ANY attempted solution of world problems that fails to recognize the tremendous present and potential influence of the Far East is foredoomed to failure. With an area greater than that of all Europe, and a population far in excess, with vast natural resources still largely unexploited, the rôle of the Orient in international affairs must of necessity be an important one.

Within the memory of living men the island empire of Japan has emerged from obscurity and taken its place among the world powers. It has demonstrated its military prowess in no uncertain manner. In affairs of peace its progress has been no less astounding. During the past decade its combined imports and exports have tripled. The industrialization of Japan is not a dream of tomorrow, but a fact of to-day.

China is still largely the plaything of the powers. Torn by civil war, its people united only by a common hatred of the foreigner, it can offer no very

effective resistance to the nations seeking to take its natural riches as they formerly took its territory. But China is a sleeping giant. The four hundred millions of its population, tireless, pa

tient, uncomplaining, are a force that some day must be reckoned with.

Americans are more vitally interested in the Orient at present than ever before. American manufacturers wish to develop new markets, while American traders are intent on continuing the commercial connections brought about by the World War. American Christians hope to find millions of converts to their faith, and American statesmen seek a way to improve the strained relationships of recent days.

This volume has been prepared in the hope that it will help to make clear the significant position of the Orient in world affairs, a position that is bound to become increasingly important with the passing of time. Europe's day of mastery is passing, if it has not already passed; but the Far East faces the rising sun.

Special credit is due Mr. W. A. Slade, Chief of the Division of Bibliography painstaking care in preparing the seof the Library of Congress, for his lected list of works dealing with Far Eastern affairs.

AUSTIN F. MACDONALD,
Special Editor.

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