The Archive · 1924

VLADIVOSTOK TRADE

Position of the Bank of Chosen

Reports have been in circulation, the "Manchuria Daily News" reports, that the Bank of Chosen has been helping the Chinese Eastern' Railway and the Ussuri Railway in absorbing North Manchurian produce by Vladivostok way against the S.|i 'MAR. lines, the competing railway.

Mr. Kubota, business manager of the local Bank of Chosen, has made the following statement:

'The Bank of Chosen is partial to neither the east-bound nor the south-bound traffic. Only the' Vladivostok branch of the Bank deals in the exchange bills issued on the east-bound goods for Viadivos: tok, purely for the sake of busi ness. The bank certainly can not Jafford to sacrifice the interests.

Forthcoming Exhibition at Basle!

The ninth Swiss Industries Fair will be held from April 18 to 28, 1925, in the usual way at Rasle.

Basle is ina specially favoured position for the holding of the: Industries Fair owing to the fact Uhat it lies directly adjacent to two other countries and is an important ternational railway junction. addition, the old city on the Rhine important, Prominent com-the ever increasing river traffic to the port of Basle, The Swiss Industries Fair is one lof the oldest of modern Fairs and essentially Swiss in chavketer.

has gained great importance foreign countries, buyers from 88 foreign countries' being present at the last Fair. Its aim is, along conted with precious metals should [bear a 40 per cent., ad valorem duty.

Several commercial organizations of Tokyo have united against the enforcement of the luxury tariffs and. presented a petition to the Department of Finance asking for partial revision of the tariffs, Many thi that were listed as luxuries by the. Government are now believed to be necessities and a revised bill will be presented to the next session of the Diet for indorsement.

Text read from the printed page and cleaned; old type leaves the occasional error.

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