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America, Through the Spectacles of an Oriental Diplomat

Chapter 4 No.4

Word Count: 3151    |    Released on: 01/12/2017

succeed must advertise in the daily, weekly, and monthly papers, and also have big posters in the streets. I do not believe any up-to-date merchant in America fails

r other about which I sent a letter of inquiry when I was in America. At night, if you stroll round the town you will be amazed by the ingenious and clever signs which the alert minds of the trades people have invented, such as revolving electric lights forming the name of the advertiser with different colors, or a figure or shape of some sort illustrating his wares. But even this is not thought sufficient. Circulars are often sent to everyone, making special offers, setting forth forc

d which by extensive advertising in almost every paper published in every country has now become a favorite beverage. T

g that this means of communication is also found in the home of almost every well-to-do family. The invention of a telephone is a great blessing to mankind; it enables friends to talk to each other at a distance without the trouble of calling.[1] Sweethearts can exchange their sweet nothings, and even proposals of marriage have been made and accepted through the telephone. However, one is subjected to frequent annoyances from wr

cost of the original outlay. These commercial agents travel through all sections of the country to solicit business; they call upon those who can give them orders; they look up those who are engaged in similar businesses to their own, and, if they are retailers, they invite t

n who called on me a short time ago in Shanghai told me that when he left his house one morning at New York, he had not the slightest notion he was going to undertake a long journey that day; but that when he got to his office his boss asked him if he would go to China on a certain com

e store without making some purchases. Salesmen and commercial travellers in the United States have certainly learned the art of speaking. I once, however, met a remarkable exception to this rule in the person of an American gentleman who was singularly lacking in tact; he was in China with the intention of obtaining a concession, and he had nearly accomplished

consider the proposals. They invariably said that their money could be just as easily, and just as profitably, invested in their own country, and with better security, than was obtainable in China. It was only after nearly twelve months of hard work, of careful explanation and much persuasion, that I succeeded in finding a capitalist who was prepared to discuss the matter and make the loan. Conditions have now changed. American bankers and others have found that inve

send some of their sons to America to study the various systems practised there. But no nation or any class of people is perfect, and there is one money-making device which seems to me not quite sound in principle. To increase the capital of a corporation new shares are sometimes issued, without a corresponding increase in the actual capital. These new shares may represent half, or as much of the actual capital as has been already subscribed. Such a course is usually defended by the claim that as the property and franchises have increased in value since the formation of the corporation the increase of the stock is necessary in order to fairly represent the existing capital. It is said that some railway stoc

e into a box, and if you do not pay no one will ask for it. Yet every fare is paid. I have never seen a dishonest man who omitted to pay. This is a remarkable fact which I have noticed nowhere but in America. I suppose it is because the peo

exposed for sale. I saw a good many people running about talking, yelling and howling, and had I not been informed beforehand what to expect I should have thought that

sting of 1,100 members, and that to become a member one must be a citizen of the United States of 21 years of age or more. The number of members is limited. Persons obtain membership by election, or by the transfer of the membership of a member who has resigned or died. A new member who is admitted by transfer pays an

. In the building each member has a stall allotted to him where he has a telephone for his exclusive use; this enables him to communicate every transaction done in the Exchange to his business house, and to keep up connections with his constituents in other cities. When one of his constituents, say in Washington, D.C., desires to buy a certain security the order is conveyed to him direct, and executed without delay. I have seen a transaction of this kind ex

s skilful and systematic way of doing business is remarkable, and I am inclined to believe that New York is ahead of many cities in South America and in Europe. No wonder that the services of Americans are required by other countr

in the streets almost running to their offices, at luncheon they do not masticate their food, they bolt it, and in less than ten minutes are on their way back to their office again. Everyone is urged on by this spirit of haste, and you fr

grant that a man's mission in this world is to attain happiness. According to Webster, happiness is "that state of being which is attended with enjoyment," but it is curious to observe what different notions people have as to what happiness is. I know an Englishman in China who by his skilful business management, combined with good luck, has amassed immense wealth; in fact, he is considered the richest man in the port where he resides. He is a bachelor, over seventy years old, and leads a very simple life. But he still goes to his office every day, and toils as if he had to work for a living. Being told that he should discontinue his drudgery, as at his death he would have to leave his l

appiness is greatly governed by his personal tastes, and is influenced by his environment, his education and the climate. The form which it is to assume may vary with persons of different tastes and positions, but

e sense of "to visi

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