The Archive · 1930

JAPAN'S CONCESSION IN SAGHALIEN

Moscow, Feb. 26, The Soviets' increasingly rigorous policy in dealing with foreign concessionaries is reflected in the pres ent negotiations with Admiral Nakasato, the head of the Japanese oil concession at Saghalien.

Tt is understood that the Soviet]

Board of Cotcessions demands that the Japanese increase their capital wwestment in the concession' by king the shareholders of the Japanese company pay up in full the capital of Yen 10,000,000, of which, hitherto, only GO per cent, has-been called up. 'The concession is extremely profitable. Tt increased the output from 133,000 tons in 1928 to 160,000 tons last year, of which' 82 cent. was exported' to Japan—Trans-Geean Kuo Min, Paper magnate, w!

Far East, arrived at Gaza, Palestine, to-day. He will leave for Bagdad on Friday—Reuter.

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

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