Joterest in the Rubber Situation Big Commercial Schemes for Manchuria: More Flights from Europe FRow Ove Own Tokyo, Apr. 6
The decision of Mr. Stanley Baldwin to repeal the restrictions governing the production of rubber in the Federated Malay States has caused 'a favourable reaction in Japan, where it is believed that the rubber business will henceforth be conducted on a basis of competition, prices to be determined by the law of supply and demand, and that this will Prove to be beneficial both to the Producer and the consumer.—A large number of the smaller rubber growers will be forced to the wel, it is expected here, as, with removal of the restrictions governing production, that commodity it is believed will depreciate very much in price, The general opinion is that the price of crude rubber will drop as low as 27 sen a Ib, before very long and will go further down towards the end of the year.
This, it is believed, will benefit business as a whole, although small holders (and there are quite a m ber of Japanese in Mulays and the Dutch East Indies possessing small yuhher areas) will be forced out of the field. Higo concerns are expected to absorb these, reduce production costs and supply' the demand readily countries propose to. make visits to Japan this year, these being Great Britain and Spain. ish aviator is Lieutenant-Commander Macdonald, of the Royal who will fly a de Havilland Moth plane with a Cirrus Mark LI engine, the same type of motor with which Bert Hinkler accomplished his unrivalled flight from England to Australia." Lieutenant-Commander Macdonald will come to Japan by easy stages, through France, Italy, Persia, India, the Malay States, Siam, and China. He will fly alone and his visit to this country is not in any way official, although the British Embassy will make arrangements for his reception here, Spain is to send Major Franco, Major Gallarza, Captain Ruiz de Aida, and Mechanic Rada, all of the Spanish Air Force, in September. With "the exception of Major Gallavaa, the other three airmen took part in the flight, from Madrid to Buenos Aires. Spanish aviators will use a multimotor hydroplane of 2,000 herse-power and will come here in the course of a flight around the world. The probable schedule, according to the Spanish Embassy, is from at the new low prices that are b id Madrid to England, thence to Ire-to ensue. Nearly every Japanes Inn, and then across the Atlantic, merchant engaged in, or interested to. Newfounldand. Whether they in, the rubber business, believes that will next fly across Canada or across; the abolition of restriction wil the United States has mot ultimately, be fraught with benefits decided, but they will finally leave! to all, Japanese concerns have the North American continent from Invested about Y, 80,000,000 in the Elsington, which is on Queen' rubber industry abroad, about 60 per Charlotte' Island, British Columbia, cent. of this being in Malaya and the The first stop on this side of the rest in the Dutch East Indies, Pacific will be somewhere in Kam-charka; thence the aviators will Developing Manchuria touch at the Kurile Islands and reach A. special session of the Cabinet Japan Proper in the Hokkaido. The Council was convened yesterday to Right is not in sense a race, the study an ambitious project, form-banish Embassy explained, but ulated by Mr. Jotaro Yamamoto, im the nature of a goodwill mission head of the semi-official South which has the official backing of the Manchuria Railway Company, which Spanish Government. aims at making Japan self-sustain-through the development of An Interesting Legal Point iding industries in Manchuria and A case pending in the Court of mongolia, The main object of the 1 here is being watched with scheme is to. produce pig-iron, fuel ie, as of and fertilizers, for the supply of velates to the amount to which the which Japan is dependent on forbles is legally eign lands, in sufficient quantities to entitled. a Mr, Matsuzaki make Japan independent of outside found a crossed cheque for Y. 500,- sources, but with due care being 000 in the street and took it to the taken that the growth of such Mitsubishi Bank, which had issued dustries in Japan Proper be not it, There it wax discovered that the menaced.
Japan to-day spends in cheque was owned by the Hayakawa the neighbourhood of Y. 200,000,000 Bill Brokers Bank. The next day, annually in importing pig-iron, fuel fan ofeial of the latter bank called oil and fertilizers, and Mr. Yama-upon Mr, Matsuzaki and presented him with Y, £0, which Mr. Matsuzaki materials, so essential for the more confident that these refused to accept, demanding: Y. development of various industries, 000 anil basing his claim on the Lost will be secured at cheaper prices and Found Law, which stipulates when his scheme is in full working. that the finder of valuables is en-order, titled to 5 per cent. of the value. The It is proposed to increase the Hayakawa Bank refused to ent number of smelters at the Anshan tain the proposition and Mr. Mat Iron and Steel Works, so as to mal zaki filed a claim in the District dhe annual output there 200,000 tons, Court, instend of the present 200,000 tons.
The court ruled that. since the sum sive enlargement is provided found was not in cash, the finder was for until Japan is confident that she entitled to 10 per cent, of the five absolutely independent of outside per cent. stipulated in the Lost and sources as regards her iron and Found Law and awarded Mre Mat-steel industry, especially in relation suzuki Y. 2,500. This the latter re-to national defence. The fuel oil fused to accept and carried his ex scheme is the old one of incre: to the Supreme Court, which ruled the production of coal at the Fushun that the decision of the District collieries and the further develop-Court was incorrect, The Suprema ment of the of shale industry. Mr.
Court further held that the ease Yamamoto's report estimates that outside its province and should go the South Manchuria Company pos-before the Court of Appeal. esses over 200,000,000 tons of oil shale which can be made to produce!
Leprosy in Japan £500,000 tons of oil a year, an amount There are at least 60,000 lepers' assuring Japan self-sufficiency in in Japan, according to Dr. Albert this commodity. The Arst step in Oltmans, the general secretary for this direction is to be the erection of Japan of the American Mission to a plant capable of producing 50,000 Lepers. Dr. Oltmans made this tons a year, the number of plants statement yesterday by way of dis-doing ineredsed until the requisite associating himself with the figures amount of fuel oil is available. on Teprosy in Japan given by the The plan aiming at restricting the Central Social Work Association, a importation of fertilizers into Japan Japanese organization which put the to obtain fertilizers from waste number of lepers in this country at gas from the iron manufacturing 15,000. This figure, according to dustry. Keeping this in view, the Dr. Oltmans, is grossly incorrect. He puts the number of lepers here enlarge the nitrogen at 60,000 and says he is under~ industry in Manchuria estimating, rather than over-estimat-until Japan is independent of foreign. if, the total. teen thousand docs not come
Text read from the printed page and cleaned; old type leaves the occasional error.