The Archive · 1935

Development

Three points are specially insisted upon in the report:—(Q) Manchoukuo is essentially an agricultural country, and it is" be-Meved that the authorities fully realize that the chief care for the future must be the development of its agricultural resources.

(2) The establishment of new dustries will depend to a considerable extent upon the readiness of the Japanese to embark on industrial en= terprises in Manchoukuo. The Mission feet rather doubtful whether the Japanese will consider it wise in their own interests to foster unduly the creation of industries in Manchoukuo, except such as are complementary to her own, (3) Finally, an important factor in the situation' Is the declared inten tion of the Manchoukuo Government to keep a control over the extent to. which Industry may establish Itself in the State, especially as regards the basic industries or those "which are essential from the point of view of national defence. Such industries fare subject to control and canna' be established without the consent, and to a greater or less degree under the authority, of the Manchoukuo Gov. ernment. But if the British elf interests who have sunk much capital "Manchoukuo and have aided In the development of that country re ceive treatment which prejudices their interests, this will act as a de-torrent to foreign capital—British and other—trom embarking upon en= terprises in that part of the world.

Development in the future, the re= port declares, will be chiefly In the Hines of communteation, housing, modern amenities, and mining. Great. industrial development in the or~ dinary sense of the term ts hardly to be anticipated in the near future in Manchoukuo, except for special products.

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

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