Having decisively thrashed the great Russian Empire, Japan promptly set about dreaming a colossal dream of empire for herself. Korea she had made into a granary and a colony; treaty privileges and vulpine diplomacy gave her the monopoly of Manchuria. But Japan was not satisfied. She turned her eyes upon China. There lay a vast territory, and in that territory were the hugest deposits in the world of iron and coal-the backbone of industrial civilization. Given natural resources, the other great factor in industry is labour. In that territory was a population of 400,000,000 souls-one quarter of the then total population of the earth.
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