The new Insurance Order difficulty has now been definitely settled. The Japanese Government has decided to remit the amount required from the Life Insurance Companies to Yen 150,000 only, the Administration making the reservation that in case the deposit is less than a certain proportion of the amount secured, then a further deposit may be required; but this isa contingency which is not expected by the companies. In this connection, the General Manager for the Far East of the Equitable Society received telegraphic instructions on the Sth inst, to comply with the revised terms of the Insurance Order, and he will deposit 150,000 yen with the Japanese Government on the 9th. The Manufacturers' Life Company of Canada yesterday deposited with the authorities concerned 100,000 yen. The balance of 50,000 yen called for by next August will be duly deposited by the Company before that time. Altogether, the insurance companies are closely connected with the circulation of foreign capital and the Japanese Government apparently thought it inadvisable to risk the hostility of such organisations chiefly represented by the British and American nationals, especially at this juncture.
Text read from the printed page and cleaned; old type leaves the occasional error.