84
2
such land, of which 35,779 acres were leased to tenants,
and yielded a rental of $1,474,410-60- This is a
reduction of nearly 9,000 acres in area, but an increase
of ¥800,000 in rental, as compared with estimates publish- ed in the press at the time of the Company's formation in
1936. Possibly some of the balance was handed over to
subsidiaries such as the Taiwan Benka and the Taiwan
Sen-1 Companies, which are charged respectively with
fostering the cultivation of cotton, and of sisal and
ramie. It is not to be mess inferred however that
the rental above-named all remains in the hands of the
Company Rent 18 collected through the local government offices and real estate guilds, who make a considerable
charge for their services. No recent figures are
available, but in 1956 it was estimated that of a gross rental of ¥1, 174, 200, 300,000 would go to the government in collecting fees and another $350,000 in taxes-
#robably we should reakon that the portion of the grosS
by the Company
rental retained/does not exceed fifty per cent.
6.
By March, 1939, the end of the period under
review, another 1,601 sares had been sold, 65 to the
Government, and 1,536 to the South Japan Salt Industrial Company for new salt fields, the latter company being itse f a subsidiary of the Formosa Development Com any,
as reported a year ago This leaves a balance of
34,495 acres still owned by the Comperry of this some
$14 acres remain without a tenant-
which does not readily yield to treatment, but it is
hoped that some of it may be turned to productive use
later on
6
They are waste land,
Spening.im of ler land,
Besides the above
predominantly
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