4
5
In conclusion, we give a list of the sugar factories now at work or commenced in Formosa
Name.
Capital.
Production. Dividend.
Million yen.
1. Taiwan Soito Kabushiki Kaisha (Taiwan Sugar Company, Limited)
12
Tons. 8,210
Per cent.
12
2. Ensuiko Seito Kabushiki
Kaisha
5
1,550
20
Remarks.
Shiro Fujita, president. The com- pany is about to double its capital and to increase its production by 1,000 tons.
Taiji Arai, president. Will soon amalgamate with the Takasago Company, whereby its product will be increased by 1,000 tons. In 1911 new machines with a capacity of producing 750 tons will be set
up.
also about to set up machines with a further capacity of 1,000 tons. Raita Fujiyama, president.
Now
3. Meiji Seito Kabushiki
Kaishn
750
11
4. Toyo Seito Kabusbiki
Kaisha
5
1,000
12
Zenkichi Ogawa, president. Is about to set up new machines with a capacity of 750 tons. Tsunemori Tokuhisa, president. Is
5. Dai Nippon Seito Kabu-
shiki Kaisha
10
1,000
6. Takasago Seito Kabu-
21
1,000
:
shiki Kaisha.
7. Toroku Seito Kabushiki
3
Kaisha
8. Teikoku Seito Kabushiki
Kaisha
3
9. Shinko Seito Kabushiki
Kaisha
6.6
10. Niitaka Seito Kabushiki
Kaisha
5
760
11. Byoritsu Seito Kabushiki
Kaisha.
0.5
350
12. Chuo Seito Kabushiki
Kaisha
building machinery with capacity of 1,000 tons.
Kichiyemon 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.
Kokiaji 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, 750 tons.
The following companies are mostly in the incipient stage :--
13. Eiko Seito Kabushiki Kaisha.
14. Hokko Seito Kabushiki Kaisha, already organised with a capital of 3,000,000 yen. of which one quarter has been paid up. Head office at Osaka Machinery of German and English origin.
15. Taiboku Seito Kabushiki Kaisha, already organised. Machinery has been ordered
from America.
16. Shinchiku Selto Kabushiki 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
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 newspaper extract (Enclosure 1).]
[a.] THIS "
premium," or rather subsidy, was 1 yen per 100 kin last year, bat for the coming season it has been raised to the equivalent of 150 yen per 100 kin. The fort in which it is granted is as follows:-
Cost of sugar-cane shoots, up to 40 yen per ko (1 kō or kah 24 acres. Last year's subsidy was 30 yen per kō.
Cost of fertilisers, up to 80 yen per kō. Last year's subsidy was 50 yen per ko. Irrigation or draining expenses, up to 50 per cent. of the cost of the work. The same as for last year.
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 150 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 1.95 yen is a rebate on import tax, not on consumption tax. The law onder 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 Dutch
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.
1.95 yen per 100 kia.
165 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 shall 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
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