Russia And Japan And a Complete History of the War in the Far East

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50, and delivered in Tsing-tau (the most important city within the Kiao-Chau colony proper) by railway at $2. 10, it was sold to vessels at from $5 to $6. 50. The iron ore smelted was of similarly fine quality, and used largely for building purposes, both within the colony and in the neighboring cities of Shang-tung. When the railroad shall have readied Tsi-nan-fu, the availability of this iron will have been greatly enlarged. All this mining region had been brought under the control of German ...capital, something like $10, 000, 000 having been invested, with $20, 000, 000 or $30, ooo, ooo more in prospect. But this is only part of the tangible value attaching to this colony. Germany counted on making a second Hong-Kong, not out of the harbor of Kiao- Chau, but out of Tsing-tau, a town possessing all the natural advantages for rapid development that could be desired. Again, with Kiao-Chau to serve as a base and lever, very much as the Philippines serve the United States for enlarging her sphere of influence in Far Asia, all that Germany asked so far as concerned Far Asia, was to be let alone.

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