CO129-575-3 Japanese affairs 2-1-1939 - 21-12-1939 — Page 134

million niculs

Supply.

Formosan production, Mandated Isles production,

22

1.5 23. 5

Lemand

Contracts already made, Surplus, to Manchuria, say,

to North China,

17.5

to Central China,

O F 21.5

159

This would, he states, leave an altogether inadequate

reserve for Japan, where demand is increasing, over and

above contracts already made. Probably therefore all

exports to Cylna will have to be dropped, and Manchuria

is likely to be the only "foreign" market which gets

any at all.

He draws the conclusion that Formosan

screage needs to be increased, and production i

organised in South China. He sằmits that competiton

must be expected from Java, for which, he states, ina

is the only remaining free market; but he merely

caya in regard to this that Pormosan production costs

must be reduced, and he keeps to himself sny ideas

which he may have of overcoming Javan competition by

a judicious manipulation of the "open door".

3. Another press report says that the Tokan mill

has been reconstructed by, a party of thirty mechanics

from the Taiwan Ironworks, a concern whose principal

business up to date is believed to be the repair and

and latterly the construction, maintenance/of the machinery of the Formosan sugar

millas

and the report adds that a party of 160 mill

hands has been sent from Cormosa to operate the mill

under the following staff:-

General Manager: Kiyoshi Namai, Director of the Dai

Nippon Sugar Manufacturing Company,

Factory Manager: Yoichi Nakajima, of the Taiwan

Sugar Manufacturing Company,

Plantation Manager:

Takeo Asana, of the suiko Sugar Manufacturing Company,

Sales Manager: Teiichi Mukovama, of the Meiji Sugar

Manufacturing Company.

4.