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CONTENTS
| CHAPTER XVII | |
| COMMERCE AND INDUSTRIES | |
| I. General Survey of the Industrial Situation | |
| BY BARON EIICHI SHIBUSAWA | |
| The Real Force of Progress in Business, not in Politics—The Necessity for Co-operation—Four Peculiarities of Japanese Character—Many Points of Incompleteness in Japan’s Development—The Necessity for Foreign Capital—A System of Trusteeship for the Foreign Investor—Competition in American and European Markets—The Trade of the Oriental Countries Japan’s Natural Share—The Resources of Japan—The Fatal Results of too much Militarism—Necessary Measures to insure Future Progress | 386 |
| II. General Survey of the Industrial and Financial System | |
| BY BARON EIICHI SHIBUSAWA | |
| Revenue and Expenditure—The Public Debt—Money in Circulation—Cheques—Rate of Interest—Prices of Commodities—Wages—The Corporation System—Banks—Railways—Navigation—Foreign Trade—The Tea Industry—Rice and Grain—The Weaving Industry—Cotton-spinning Industry—Raw Silk—Mining Industry | 391 |
| III. Financial and Economic Questions of the Day | |
| BY MR. SOYEDA | |
| Tariff and Foreign Trade—The Stock and Rice Exchanges—The Chambers of Commerce—Public and Private Thrift—The Consolidation of Local Debts—The Shortening of the Period of Military Service—The Importation of Capital—Population and Colonization | 408 |
| CHAPTER XVIII | |
| IMPORTANT INDUSTRIES | |
| I. Agriculture | |
| PREPARED BY THE MINISTRY OF COMMERCE AND AGRICULTURE | |
| Agriculture the Chief Industry—The Tendency of the Rural Populations to Drift to the Towns—The Sugar Industry—The Cotton-Growers—Experimental Farming—Fruit | 413 |
| II. Sericulture | |
| PREPARED BY THE MINISTRY OF COMMERCE AND AGRICULTURE | |
| Sericulture as Old as Japan—The Introduction of the Chinese Silkworm—Imperial Encouragement and Early Difficulties—The Export of Silkworm Eggs—The Teachings of Prince Shotoku as to the Rearing of the Silkworm—The Effect of the World’s Fair at Vienna in 1872—The Development of the Industry mostly as a By-Industry of the Farmer—The Growth of the Export Trade | 415 |
