The recent issue of a small booklet, entitled "The Far Eastern Bank, 1923-1026," purports to acquaint the public with the progress made by that institution during the first years of its existence, as well as with its future policy.
At its Inception, in 1923, the Dalbank begun operations with an initial capital of silver dollars 500.-
000. This stands now at $5,000,000, with reserves. exceeding $300,000, The principal aim of the Dalbank is to bring about and foster an econofiie rapprochement between the Union of S.S.R. and the Republic of China, In this endeavour the bank will be successful, if one may Judge by results actually achieved zo far. Yet the ambition of the Dalbank goes further, for it has embarked upon a policy of financing 4 large portion of the trade between Manchuria and China Proper—a policy which has been inaugurated by the Harbin head office. Furthermore, the Dalbank has become the only link for financial transactions Between Mongolia and China on the. tone hand, and Mongolia and the rest of the world on the other hand.
As regards the nature of its ing business the Dalbank, like most of its sister institutions, gives first place to the financing of imports and exports from, U.SS.R. to Manchuria ang Ching, and vice versa, Exports from Russia to the Far East comprise timber, kerosene oil, fish, sea products, coal, cotton piece roods, railway material, ete. ete. Imports into Russia from China are headed by tea and followed by tal-Tow, live animals, vegetable oils, wool, ete. But also produce of non Chinese origin, imported into Siberia and Russia via China are financed by the Dalbank. The principal articles being tea from Ceylon, Java and Calcutta, and sugar from the Dutch Indies.
Text read from the printed page and cleaned; old type leaves the occasional error.