No. 292.
Mr. Hubbard to Mr. Bayard.
Tokio, Japan, February 12, 1886. (Received March 17.)
Sir: I have endeavored, since my entrance upon the duties of this mission, by all legitimate means within my power, to encourage the discussion of the trade relations of Japan and the United States, with the object of intelligently familiarizing exporters and importers of our respective countries, through the Japanese and American press and otherwise, with the great pecuniary advantage to both of encouraging and increasing that trade. In my dispatch No. 105 I had the honor to inclose for your perusal a very able article from the native press—“Jiji Shimpo”—breathing as it did a healthy and intelligent spirit of political as well as commercial friendship toward the United States. This influential native editor (whose leaders are largely translated and copied by the English press here) is devoting much of his great talents and zeal to almost daily discussions in his daily paper of the Japanese-American trade relations. Herewith inclosed I desire respectfully to call your attention to another and later article, which presents this subject in a true light, and which is certainly warranted by the facts of the case. A spirit of inquiry has been aroused, and if our own (American) merchants would turn their attention in a practical business way toward the East, studying the character and wants of this trade, there is no reason why in the next decade the aggregate exports and imports of the two countries should not double, or even quadruple, the present quantity and value.
I have, &c.,