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Updated: June 17, 2025
It signified little that the Nippon Yusen Kwaisha had become, during the war, one of the largest steamship companies in the world; that Japan was trading directly with India and China; that Japanese banking agencies were being established in the great manufacturing centres abroad; that Japanese merchants were sending their sons to Europe and America for a sound commercial education.
Several large Japanese firms have quite emancipated themselves from the domination of foreign middlemen; large trade with India and China is being carried on by Japanese steamship companies; and communication with the Southern States of America is soon to be established by the Nippon Yusen Kwaisha, for the direct importation of cotton.
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