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DEVELOPMENT OF CHINA
127

America in regard to seaports. America has only one fourth the population of China yet the number of ports on her Atlantic coast alone is many times more than the number provided in my plan. Thus, this number of ports for China for the future is but a bare necessity. And I have considered only those that will pay from the beginning so as to adhere strictly to the principle of remuneration that was laid down at the outset of my first program. See Map XVI.


PART V

The Establishment of Shipbuilding Yards

When China is well developed according to my programs, the possession of an oversea mercantile fleet, of ships for coastal and inland water transportation, and of a large fishing fleet will be an urgent necessity. Before the outbreak of the late World War, the world's seagoing tonnage was 45,000,000 tons. If China is equally developed industrially, according to the proportion of her population, she would need at least 10,000,000 tons of oversea and coastal shipping for her transportation service. The building of this tonnage must be a part of our industrial development scheme; for cheap materials and labor can be obtained in the country, and so we could build ships for ourselves much cheaper than any foreign country could do for us. And besides the building of a seagoing fleet, we have to build our inland water crafts and fishing fleets. Foreign