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Fresident of the Company, is represented as saying that at Canton the company would "enter a joint Sino-Japanese bus
company, to be empitalised at ¥2,000,000”, while at Amoy
it would contribute ¥100,000 to a real estate company, and
that altogether some 8, 500,000 of new capital would be
required.
3.
Katsu-no-suke Birusava, manager of the
company's Amoy Branch, has been elected a director.
Furusawa is an ex-official of the Government General of
Formosa, having once held the post of Mayor of Tainan
4. It will be seen that, unless the item of "business
expenses ¥94,299" is a deliberate camouflage for items whose
true nature it is not desired to reveal, the money spent on
the mainland in 1938 was trifling, and that in 1939 the
greatest part of the investments are, after all, to go to
Kwangtung This is contrary to the policy of the Govern- ment General, as reported during the last few months, but one
is inclined to suppose that the latter ay have been
overborne by the logic of facts, capital being urgently
needed at Canton, but Amoy with its minute area of occupation
and complete stagnation of business offering very few
possibilities of investment-
Mr. Taketo is leaving on one of his many visita to
Hongkong and Amoy on March 1st; and an enquiry made on his
behalf of the local agents of the Douglas line concerning the exact hours of arrival and departure at parts sugests that
this route may be contemplated, so as to permit a call at
watow, (where nox Japanese ships yet call.✈ However,
the local agents have not yet received any definite booking
IL CANTON
6. It now appears to have been definitely decided that
the sugar mill at Tokan will be operated by an organisation,
in