CO129-575-3 Japanese affairs 2-1-1939 - 21-12-1939 — Page 159

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

189

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

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