4
In conclusion, we give a list of the sugar factories now at work or commenced in Formosa :-
Name.
Remarks.
Shiro Fujita, president. The com- pany is about to double its capital and to increase its production by 1,000 tons.
Capital. Production, Dividend.
Million yen.
Tous.
1. Taiwan Seito Kabushiki Kaisha (Taiwan Sugar Company, Limited)
12
3,210
Per cent. 12
2. Ensuiko Seito Kabushiki
Kaisha
5
1,550
20
Taiji Arai, president. Will soon amalgamate with the Takasago Company, whereby its product will be increased by 1,000 tons. 1911 new machines with a capacity of producing 750 tons will be set
In
up.
8. Meiji Seito Kabushiki
Kaisha
5
750
11
4. Toyo Seito Kabushiki
Kaisha
5
1,000
12
5. Dai Nippon Seito Kabu-
10
1,000
Zenkichi Ogawa, president. Is about to set up new machines with a capacity of 750 tous. Tsunemori Tokuhisa, president. Is also about to set up machines with a further capacity of 1,000 tons. Baita Fujiyama, president,
shiki Kaisha
building machinery with capacity of 1,000 tons.
6. Takasago Seito Kabu-
shiki Kaisha
1,000
7. Toroku Seito Kabushiki
Kaisha
3
8. Teikoku Seito Kabushiki
Kaisha
3
9. Shiuko Seito Kabushiki
Kaisha
6+6
10. Niitaka Seilo Kabushiki
Kaisha
5
750
11. Byoritsu Seito Kabushiki
Kaisha
0.5
#30
12. Chuo Seito Kabushiki
Kaisha
5
Now
Kichiyeraon Hamaguchi, president.
Now building. Plant has a capacity
of 800 tons.
Now being organised. President of organisation committee, Shusitsu Yamashita. Capacity of machinery, 750 tons.
Kokinji Takashima, president. Has been working for nine years. Principal shareholders are Chinese and the Taiwan Ginko. Machinery of English and Japanese origin. Euju Ninomiya, president. A factory
is being built. Its production will be raised to 3,000 tons. Now being organised.
Now being organised. President of
committee, Kiyohideseki. city, 730 tons.
The following companies are mostly in the incipient stage :----
18. Eiko Seito Kabushiki Kaisha.
14. Hokko Seito Kabushiki Kaisha, already organised with a capital of 3,000,000 yon.
of which one quarter has been paid up." Head office at Osaka. Machinery of German and English origin.
15. Taíhoku Scito Kabushiki Kaisha, already organised. Machinery has been ordered
from America.
16. Shinchiku Selto Kabashiki Kaisha,
Capa-
To complete the list of sugar companies we must add two English and one
belonging to the well-known Chinese family Lin. These are
17. Formosa Sugar and Development Company, Limited.
18. Bain and Co's Hozan Mill. Both important concerns. 19. Lin Hon-gen.
Comments on
5
Enclosure 2 in No. 1.
"The Sugar Industry in Formosa," as published in the "Japan Daily
Herald" of October 28 and 29, 1910.
[Note.-Italicised letters within brackets refer to passages in
(Enclosure 1).}
66
newspaper extract
year,
but
[a.] THIS premium," or rather subsidy, was 1 yen per 100 kin last for the coming season it has been raised to the equivalent of 150 yen per 100 kin. The form in which it is granted is as follows:-
Cost of sugar-cane shoots, up to 40 you per kō (1 kō or kah 24 acres, Last year's subsidy was 30 yen per. kō.
Cost of fertilisers, up to 80
kó. Last year's subsidy was 50 yen per kö. Irrigation or draining expenses, up to 50 per cent, of the cast of the work. The same as for last year.
yen per
It was estimated that the maximum amount receivable at last year's rates was 114 yen per 100 kin, usually spoken of as the 1-yen subsidy, while the rates for the coming season are expected to work out at 1:50 yen per 100 kin. It should be noted that this subsidy has to be granted afresh each year.
[b.] There is a slip here. The rebate of 195 yen is a rebate on import tax, not on consumption tax. The law under which it is granted is as follows :---
"Law for drawback of tax on sugar imported as raw material." (Law No. 33 of March 1902 with amendments to the 24th March, 1909.)
Article 1. Persons who manufacture refined sugar or sugar-candy with Government sanction, using as raw material imported sugar of under No. 15 Dutch standard colouring, may apply to the Government for the grant of a sum of money calculated at the following rates on the quantity obtained by subtracting from the quantity of raw material sugar the quantity of sugar of under No. 15 standard which is produced at the time of manufacture :-
1. When the manufactured article is supplied for consumption in the country-
(a.) When the raw material sugar is under No. 8 Dutch
standard colouring
(b) When the raw material sugar is under No. 15 Thutch
standard colouring
2. When the manufactured article is exported abroad-
(a.) When the raw material sugar is under No. 8 Dutch
standard colouring
(6.) When the raw material sugar in under No. 15 Dutch
standard colouring
1-45 yen per 100 kin.
195 yen per 100 kin.
1-65 yen per 100 kin.
2-25 yen per 100 kin.
This application must be made within a year from the date of import. Persons manufacturing refined sugar without filtering it through animal charcoal cannot apply for a refund of tax under paragraph 1.
However, cases where, with Government sanction, some process is employed in place of filtering through charcoal do not fall under this heading.
Art. 2. Persons intending to apply for a refund of money under the preceding article must enclose with their application documents to prove that they have paid import duties.
Supplementary Rules.
Art. 3. This law sball come into force on the 1st October, 1902, and shall apply to raw material sugar which has paid import tax on or subsequent to that date.
Art. 4. This law shall be in force until the 16th July, 1911. Supplementary Rule (Supplementary Rule to Law No. 12 of March 24, 1909.- This law shall come into force on the date of its promulgation.
The provisions of this law apply only to sugar which has paid import dues, and thus excludes Formosan sugar, which is admitted duty free. In practice, however, the
257