{Tne municipal officials wilt also have to introduce ordinances to en~ sure better looking buildings and where possible remove decrepit betises which blight the air of prosperity, for Dairen is indeed a prosperous town, "In parks and open spaces the port has still a long way to 0 for li the time the population is me creasing and among the newcomers large families are the rule rather than the exception The now beautification association will have a heavy time ahead jot because the people of Dairen are any dirtier than elsewhere, but be-realise there iso much to. be done and the grafting of now ideas in the Orient takes considerable time, Those who have joined the group, however, have been well chosen and in the near future. Dairen citizens can ex-
Poet a city which will vie in beauty with its economic Importance, Zo further encourage the improvement and promotion of home made goods, the Ministry of Industry at Nenking is sponsoring a movement fo raise at feast $1,000,000, for the Introduction of better and more useful Chinese articles abroad, says the Dairen, Apr. 14.
Early in the month the thirtieth anniversary of the foundation of the South Manchuria Railway Company was celebrated by no Jess than 120,000 employees. Various forms of jubilation and commemoration took place all day, beginning with mass calisthenics in Dairen, "solemn. services elsewhere, and during the day speeches, toasts ard. lectures were given in all of the larger cities of Manchoukuo.
Mr. Yosuke Matsuoka, president of the corporation, gave a very interest ing address in Dairen, declaring that the SMR. was, so to speak compensation for the loss of 100,000 lives and ¥, 2,000,000,000. in the "Russo-Japanese conflict' and that it was the realest factor for the development of Japan's continental policy, The progress of the South Man-buna Railway Ca, during the past 30 years is almost incredible. Capitas lized on ite founding at Y. 100,000,000, it has now become the most gigantic corporation in the Orient, while conservatively estimated Its assets are now worth over" ¥, 2,000,000,000, Ik must be remembered that its not through the operation of its railway lines alone that the company as me creased in this manner. Much of its splendid business has wisen from the sale of coal and other minerals while the corporation is. interested in all kinds of commercial and Industrial setivities "through "subsidiary com. panies, or example the budget forthe fiscal year of 1937, starting on April 1 this year, shows the huge figure 217,781,000. Of "this -amount. be for different enter: prises under the direct control of the corporation while the remaining. Y.
4,000 will be for investment {ts subsidiary firms which number a0, 'The sum of ¥. 180,000,000 1s. to. be raised by debentures, 20,000,000. will ome f¥om the 'Tokyo Treasury shares held by' it, 36,000,000" from sharex held by the public and the Dalanee will be taken. tr funds. Company" estimat lat income should total ¥. 209,472,000 and expenditure ¥, 248,032,000, giving: 8 net profit of over ¥, 80,000,000. the meantime the South Man-la Company is not satisfied with the extent of its holdings and Jnterost and a real estate company" will be formed in the future to assist ina still further advance in Manchoukuo,
Text read from the printed page and cleaned; old type leaves the occasional error.