Note 8 — Chapter VIII · CONCLUSION

Only the charge of lack of commercial morality has any foundation in fact, and, with regard to this, here is the true explanation, given, not by a Japanese apologist, but by a Christian missionary: “The Japanese are often charged, and with good reason, with a lack of commercial morality. In days when the military virtues reigned supreme, the handling of trade was deemed an employment which no gentleman would take up; hence the commerce of the country is largely in the hands of men who do not represent her best traditions. Again, certain restrictions of mercy were always granted in the undertaking of a contract, whereas foreigners naturally regard a contract as binding unconditionally. But, in both respects, methods of trade are improving, and in the excellent commercial schools it is taught that ‘Honesty is the best policy.’ Among members of the humblest ranks of life the most striking instances of honesty will be met with; a jinrikisha man will run after you with the parcel you have forgotten, a shopkeeper will walk to your house to bring you a few cents he accidentally overcharged you.”8